As of what i can see, is that the macd is getting a crossover now, and exactly at the time when the price basically hit the support line of the symmetrical triangle, also the pattern is giving a sign on that i still can go up and down, so at this perticular moment i don't expect it to drop. if it does, set a stop loss on one of the two support lines i drew. If it...
I already published another idea, and i meanwhile noticed a periodic hit at the support line, which probably means that it targets for that after blowing to the resistance line again, it gets very shallow, so probably that will be the outbreak. Agree?
Pretty new to analyzing charts, but this looks like a potential outbreak for an uptrend, if it hits 1450. When it does it's a good time to invest, there may be some resistance at 1600 and 1860, but if not, it'll moon definitely, especially now that Wraith is successful.
If it bounces back, then buy at 1020 and then it will rocket.
Whatcha think? First analysis
