GDEX: NICE BROADENING BOTTOM
Based on current trendline, GDEX is currently on and uptrend pattern. I call it channel up pattern@ broadening bottom. RSI is on the middle with no sign of overbought/oversold. We saw a lot of bull volume and no bear showing up till now (maybe the bear is sleeping). This is a good sign of strong trend going to the upside. With volume, I think it will potentially break the current resistant line @ 0.390, and move higher to challenge next resistant line @ 0.440. For me, I will purchased after it touch the trendline / break the current resistant line.
Make it simple and profit.:)
Make it simple and profit.:)
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