On the 1-day chart price action is trading near long-term resistance, in case of a breakout the target mentioned above becomes valid(potential top could be a little bit higher or lower, also there are bullish divergencies on the 4-hour chart on multiple indicators)
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Severely oversold on the daily, needs to break 19 cents resistance in order to test the big trendline.
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Bullish divergencies on the 1-week chart on several indicators.
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BB are getting pretty tight on the weekly, could breakout soon.
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The weekly chart against ETH shows some intriguing developments.
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Here is a very simple setup.
I do not see the need for anything else, since the trend is still in its early stages in my opinion.
I do not see the need for anything else, since the trend is still in its early stages in my opinion.
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I corrected it a bit.
Note what's happening with the VFI.
Note what's happening with the VFI.
Comment:
So, basically, it will either happen very soon or not at all.
And