KIALIM POSSIBLE BREAKOUT!Time Frame: 4H
Sentiment: Overbought
Forecast: Bullish
Last close at resistant level,
Bar price action and the volume, showing buyers' power increase.
if it can break the resistant level 0.56-0.57, expecting the next level reaching 0.8
I'm expecting this time will be a real breakout.
Write your thought in the comment session :)
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Disclaimer
This information only serves as study references, does not constitute a buy or sell call.
