With approx. 36 hours to go before the weekly close, it looks like we'll be getting a weekly green HA bar for the first time in 11 weeks.
In previous occasions (not all of them) this has marked the beginning of a new +200% rally.
Time will tell if this is the case again.
In previous occasions (not all of them) this has marked the beginning of a new +200% rally.
Time will tell if this is the case again.
Comment:
Weekly close confirms a bullish HA bar. Not only did it close above last week, it also closed above the week before last.
Comment:
Another weekly green HA candle has just closed making it two in a row.
In the smaller time frames however (daily and below) we can see a pullback taking place. Price action is currently around 3.8 which is just above 3.7-3.5 support zone.
In the smaller time frames however (daily and below) we can see a pullback taking place. Price action is currently around 3.8 which is just above 3.7-3.5 support zone.
