The price action is not odd, but fascinating. It made a tilted double bottom pattern (W) that only forms when demand on lower levels are elevated.
A nice pullback to the upper border of the raising wedge or the double bottom's neckline would let the rally continue to $0.0069 or even it could get perpendicular towards $0.01.
Let's see where it goes.
A nice pullback to the upper border of the raising wedge or the double bottom's neckline would let the rally continue to $0.0069 or even it could get perpendicular towards $0.01.
Let's see where it goes.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.