See related idea below for more context and market overview. Two possible bullish
continuation patterns are emerging, including a bullish pennant
and a descending triangle
. With StochRSI oversold (and careening towards a reset) and Ichimoku
signalling short- to intermediate-term bullish
conditions, one expects to see a breakout from the current level towards the local high 0.00001350 for a brief consolidation en route to TP3 at 0.00001534 (from linked chart). SL moved up to 0.0001138 to lock in profits from original entry at 0.00000939. If the pennant
/triangle breaks down the retrace should find support on the 50MA.