Chart is self-explanatory, though: 1hr chart shows a in our , Momentum and . Chaikin and Momentum are also approaching buying regions, so exciting times ahead, probably!
On the price chart, lime-coloured fib retracement is the .382 (8196) and green fib retracement is .5 (7402). Red dotted line is drawn from the 12th of April low wick to the latest low of the 11th of May.
We could potentially see another test of the trendline before the possible breakout; also be very cautious because Wanchain has shown a lot of fragility to BTC's price lately...
Other stuff to take into account:
-Volatility has been low the last few candles.
-Release of form for application as alhpanet 2.0 tester near.
-Ledger integration close to release.
Feel free to leave your comments and thoughts on the chart and happy trading!
PD: Not professional advice, just educational :D