The price has been moving in a descending triangle since June 2022 Due to a strong support area at 0.001500
We are on the verge of a downtrend supported by oversold conditions on the MACD Current price is 0.002275 The first target is 0.005555 The second goal is 0.008855
Nearly 400% of the current price Powered by the Moving Average 100 breakout.
Trade active
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Trade active
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Trade closed: target reached
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The first target is 0.005555 Reached The second goal is 0.008855 Reached
Above all - thank you for taking the time of publishing your forecasts
JPZWolf
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Good morning man - firs of all apology my poor trading language :)
I wanted to ask if your theory may also be supported from the fact that on the 3d time frame a bullish divergence formed (when comparing candles and MACD) and lead to MACD going in the green zone (as you very clearly point in your drawing).