We've been seeing a very nice gentle uptrend supported by the yellow upwards trendline.
This price appreciation is accompanied by an increased healthy daily volume. I'm inclined to believe that the accumulation phase is completed and we're seeing a nice volume breakout to the upside now.
We've been fighting against the ichimoku cloud for a prolonged period of time, and we've finally broke to the upside.
Key resistance points to take note is in the 1400+ sats region which also coincides with a moving average(denoted in yellow).
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.