EPS/USDT is looking good and we might get a ice breakout set up here. Price is still consolidating but we can see some higher lows forming. The support held nicely nd right now we are testing the resistance. If we can break above this resistance, it should turn into a new support on the retest and price might go even higher after the breakout.
Target 1: 0.7016 (short term)
Target 2: 0.7984 (medium term)
Target 3: 0.8989 (Long term)
Target 4: 1.0980 (Long term)
Target 1: 0.7016 (short term)
Target 2: 0.7984 (medium term)
Target 3: 0.8989 (Long term)
Target 4: 1.0980 (Long term)
Comment:
Price is trying to breakout of a triangle pattern on the 4h chart and heading for a retest of the resistance. Let´s see if this can break.
Comment:
While the first try to breakout has failed we have now formed an ascending channel, therefore the triangle pattern on the chart has become invalid. I still think price can breakout of this channel.