We could potentially have 3 moves I could forecast.
Bullish scenario
First move would be a break above 0.0046 that would totally mean bulls are taking over but we could potentially see a second move that could be a correction towards previous resistance that has turned into support 0.0042 then the bull move would continue
Targets: 0.0057 - 0.0066
Bearish scenario
Third move we could see it's a bearish correction for that to happen we should see a double top and failed attempt to move higher at around 0.0043 and an impulse move down into the next key levels.
Targets: 0.0038 - 0.0036 or even 0.0030
Let's see how this plays out!
I'll update when I open a position
Regards,
Kina 😉
Bullish scenario
First move would be a break above 0.0046 that would totally mean bulls are taking over but we could potentially see a second move that could be a correction towards previous resistance that has turned into support 0.0042 then the bull move would continue
Targets: 0.0057 - 0.0066
Bearish scenario
Third move we could see it's a bearish correction for that to happen we should see a double top and failed attempt to move higher at around 0.0043 and an impulse move down into the next key levels.
Targets: 0.0038 - 0.0036 or even 0.0030
Let's see how this plays out!
I'll update when I open a position
Regards,
Kina 😉
Comment:
JASMY pretty close to breakout!