The price bounced from 1.50000 level with RSI
confirmation. It’s going to break 2.00000 resistance level
. If the market can move above this resistance, it will give us a signal confirming further upward movement. MACD
supports the idea that the market is going to move upward. DMI tells us that the bears are not so strong and it allows us opening long trades. All these signals give us a new buy opportunity. If the price breaks the previous swing high, we'll be able to open new long positions.