Crypterium has experienced a large range breakout, this was spurred on by a touch on the middle band on the weekly timeframe
Bullish continuation is likely
long entry (weekly)
We just looked at Loki (LOKIBTC) on KuCoin.
When noticing the daily timeframe chart for the above pair, we have something similar to Crypterium (CRPTBTC ).
Looks like prices will also move above MA200 (0.00004535) here, now that the wedge is broken.
We also have really high volume and bullish indicators (MACD and RSI).
Let's take a look at the project...
1D Chart
Local Support has been tested and the quickness of the tests enhances the quality of the Support zone. Buying 30% position here with stoploss below the Local Support.
If price action do not hold the Local Support then we are most likely to see price in Accumulation Zone.
4H Chart
Price breaking below parallet channel and if it reclaims it and breaks...
