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As a good sign we have - the Price holds above its previous range and is supported on previous resistance zone.
This can lead us to Resistance trendline and Resistance horizontal will be tested.
Break out the resistance trendline would be a very bullish sign. Now we can initiate long but be cautious with the position, because some strong resistance still stay unbroken.
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice
As a good sign we have - the Price holds above its previous range and is supported on previous resistance zone.
This can lead us to Resistance trendline and Resistance horizontal will be tested.
Break out the resistance trendline would be a very bullish sign. Now we can initiate long but be cautious with the position, because some strong resistance still stay unbroken.
Leaving a "like" costs nothing and really helps me out; please consider it! It's the #1 thing I look at when deciding to work on future content.
Peace Out!
Not a Financial Advice