After a good significant growth, price has started to do some rest in the form of a descending parallel channel which also part of the bullish flag.
Currently, price is still in the channel and we should wait for the upside breakout first, then after candle closure above the structure, we can expect a continuation on price growth to the next resistance level around 0.7043
Currently, price is still in the channel and we should wait for the upside breakout first, then after candle closure above the structure, we can expect a continuation on price growth to the next resistance level around 0.7043
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Disclaimer
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.