Just a quick chart look this morning. A couple things in play...in the last 48 hours we're sitting in a descending triangle and right on the 9 day EMA... also looking at possibly flipping the candle the last candle on this chart to green (three white soldiers), that would be a nice little indicator of a possible mini-pump. It all hinges on volume, which is okay at the moment but not great. I think we'll know which way we're headed by late tonight (EST). I don't think we'll see massive moves in either direction, maybe +/- a couple hundred USD over the next 24 hours...
Comment:
Broke out of the triangle faster than expected! Three white soldiers read was pretty spot on. Let's see if it's sustainable.