It's been an interesting afternoon. The value has been stuck in the range 0.06 € - 0.057 € for the last few hours.
There seems to be an upward trend line, but right now, looking at the positions, I wouldn't bet that the value doesn't break it and we see a severe correction; resistance at 0,0593 € seems to be pretty solid right now. What's more, I actually think that in the next few hours the value is going to drop significantly.
But that's just my opinion, not any financial advise.
rsi and macd on daily looking good tho, short term sideways action after such a pump is reasonable. but just my own opinion tho ;) gl charting i've been looking at ya charts
SebastianDell
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@Aswragentu, Thank you. I'd say it's going to fall to the pivot at 0,0566 €, but I prefer to stay out until a trend is defined the following days.
Aswragentu
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@SebastianDell, yeah sure I was in before it broke to the upside so now waiting for a reversal pattern to show up.