CPC is probably at the end of the downtrend with strong rejection of the bottom at around 9000 sat. the volume is increasing and kijun was reached today.
If we have a weekly close above the kijun there is a chance of reaching the tenkan and then 0.236 retracement of the downtrend
Traders take care this is a really small market cap.
Let's see if it retraces :)
If we have a weekly close above the kijun there is a chance of reaching the tenkan and then 0.236 retracement of the downtrend
Traders take care this is a really small market cap.
Let's see if it retraces :)
Trade active
Trade active:
Consolidation pattern spotted in 4 hour timeframe. It could breakout tomorow for new highs. MACD is in bullish territory but reducing the slope, Stoch RSI in oversold condition.
Support is near 18800sat, below this you should consider sell to re-enter lower.
On the daily timeframe MACD is in the bullish territory. A close above 22000 sat is a good indicator for more gains
Support is near 18800sat, below this you should consider sell to re-enter lower.
On the daily timeframe MACD is in the bullish territory. A close above 22000 sat is a good indicator for more gains
Trade active:
Time to accumulate ; triangle about to break up.
Trade closed: stop reached