It seems like a cup and handle pattern has formed on the daily which suggest a continuation pattern upwards. We've already seen an increase of volume on the most recent candle, but it's likely it will retrace to the support area. In that case that would be a nice long entry for further upward continuation.
Great analysis!👌🏻 when you do think your bias will kick in?🔥
hazzah
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@Investroyllc, Thank you! it's currently breaking out the channel, if it consolidates around that area, which seems to be happening on the hourly, we might see a further push upwards breaking the previous ATH of 6.87~. If it's a false breakout and breaks down back into the channel, we'll need to see if it doesn't break further down the support area and consolidates above the middle line of the channel so it can build up momentum for a breakout.