Previously we have seen, on weekly chart, the priceline was at the support of an up trend line and now finally it has spiked from $0.10 to $0.18.
Up channel on long term chart:
Now on the weekly chart, the priceline has started its move in an up channel. At the moment it is at the resistance of this channel. There is also 25 simple moving average support above...
A retest to 0.17$ - 0.20$ could form a relative bullish ascending triangle and also a completion of a 2 year cup and handle.
BTC dominance topping could be a catalyst for a breakout and BTC inching closer to 20k.
