If the price brake up rectangle then we can expect the target #1. If the price go below 0.0091 we have our Support level at 0.0087. That level will keep price from big price drop.
We can look at this pattern as Head and shoulders. But head and right shoulder formed triangle. That's Descending triangle but the price go up from braking point so we can expect uptrend. We can use similiar signals from 05-07.06 for the best buy price and confirmation of my prediction.
Signals: then
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We can look at this pattern as Head and shoulders. But head and right shoulder formed triangle. That's Descending triangle but the price go up from braking point so we can expect uptrend. We can use similiar signals from 05-07.06 for the best buy price and confirmation of my prediction.
Signals: then
- We still need confirmation (EMA 9 above EMA 20, MACD line above Signal line and the Candle should close above rectangle with higher up volume)
Please support my work by clicking the LIKE/FOLLOW button.
Always do your own analysis and trust your intuition!
If someone wants advice or private analysis send a PM. I would be grateful to earn some money for you and you send me some donation for my work.
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