From a high of $0.45, to a low of $0.23, and now back to near ATH, the Cup has been formed with a double bottom at the base. Over the next few hours, will observe to see if the handle will form.
Also a possibility of breaking ATH with the Double Bottom that formed. If that's the case, will look for new ATH and then to bounce off of the previous ATH and act as strong support.
Also a possibility of breaking ATH with the Double Bottom that formed. If that's the case, will look for new ATH and then to bounce off of the previous ATH and act as strong support.
Note
**Reposted since the last one had a bad shot of chart
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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.