- We clearly see a divergence in the past between the TK and KJ
- We clearly see a divergence downward from a red kumo
What I think will happen:
- We are sitting on a resistance line according to the (>40 SATS ). If it holds, we will linger around this level and gradually pick up and creep closer to the bottom of the red kumo.
Things that will make me excited and prompt action:
- TK cross KJ
- Breaking 56 SATS
- leaving the oversold range
- Double cross where yellow line crosses upward
The above mentioned indicators IN ADDITION TO increased with the increase in price would provide me a bit more confidence in sustainable growth.
Assuming the lack of upcoming news quite similar to the Binance listing, I would presume this to linger in the couple month range for the star of the consistent upticks.