- Double bottom pattern on price & RSI - No divergence on RSI - MACD looking bullish - Safely hovering above thick green Ichimoku cloud => should be hard to break down through these clouds.
Need to close above 0.137$ area for proper breakout. Expecting breakout in the coming week as symmetric triangle closes. NFTs are going to be enabled on the mainnet at the end of April. Could cause an even bigger surge in price (0.3$ - 0.5$ targets).
Targets for now are as depicted in the chart.
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Broke out through the topside as predicted; currently retesting the trendline which now functions as a support line.
If rejected from the support, long trades can be opened.
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Dropped back into the triangle because of BTC movement and turned into a fake-out.
Maybe tomorrow?
Trade active
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Breakout confirmed - Next target => 16 cents
Trade active
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17.5 cents was hit, a price that wasn't hit for a very long time. Currently in a correction (also partially because BTC has gone down a bit).
After correction, first target => 0.175$, then 0.2$