Long
Ready to go again??
Guys, I think we will see a rise in prices soon.
As you can see, this post ATH "bearish run" hit the low end of the uptrend channel and reached the most important support, $ 1.60 on both the 4H and 1D charts, so a nice confirmation.
On the daily chart, if confirmed as I believe, there is a nice ENGULFING candlestick pattern which would further confirm my theory, while on the 4h chart we can see today's trendline break, I think it is enough to start the bull run.
We have to close on the MA 24 and use it as a support, let's see!
What do you think about it??
As you can see, this post ATH "bearish run" hit the low end of the uptrend channel and reached the most important support, $ 1.60 on both the 4H and 1D charts, so a nice confirmation.
On the daily chart, if confirmed as I believe, there is a nice ENGULFING candlestick pattern which would further confirm my theory, while on the 4h chart we can see today's trendline break, I think it is enough to start the bull run.
We have to close on the MA 24 and use it as a support, let's see!
What do you think about it??
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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.