In my opinion the price will go up, as we can see the month of January, the price rose much practically from 1.18 to the current value, what I liked is that the price rebounded in the Fibonacci, thus marking a good support in these months
I explain the why of my operation, taking supports and resistances of very important levels (Black) and the S / R diagonal (Orange) and the support area more resistant (Green square), We can reach the conclusion that the price is in a perfect ascending triangle. Now the most likely is that the price makes a final rebound these first days of the week in the S / R diagonal to continue up trend
I explain the why of my operation, taking supports and resistances of very important levels (Black) and the S / R diagonal (Orange) and the support area more resistant (Green square), We can reach the conclusion that the price is in a perfect ascending triangle. Now the most likely is that the price makes a final rebound these first days of the week in the S / R diagonal to continue up trend
Renko Chart S/R lines :)