The price movement formed Cup&Handle pattern just after the breakout from the descending channel. Indicators MACD and Stoch RSI confirm trend reverse and are in bullish state. According to volume and on-balance volume indicators amount of transaction grows. However the price divergence is not observed and the support according to Ichimoku cloud is weak.
We expect a small decrease to the our buying zone and then confident growth to our targets
Trade active
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The price was very close to the 1st target however there were not enough power and the coin crashed to the support level. Although it touched stop loss we recommend to buy a small amount again at low as the price bounced. Trade is still active