We have a clear level being tested on the 4hr chart, and you can see that it has previously been a support level giving it more weight.
We have higher highs and higher lows leading towards a potential break out.
The MACD is convergent.
Price is close the 10 and 20 MA cradle zone.
Watch for a break out IF this level is broken.
You can place a tight stop in the area shown or if you want to give it more room to move you could place your stop at 0.38318.
We have higher highs and higher lows leading towards a potential break out.
The MACD is convergent.
Price is close the 10 and 20 MA cradle zone.
Watch for a break out IF this level is broken.
You can place a tight stop in the area shown or if you want to give it more room to move you could place your stop at 0.38318.