We will soon touch a strong support at 0.000375. if the course bounces again is a good sign for a long position.
Opening the postion as soon as the trendline is through.
First target is 44000
Second target is at 49500
As we see the chart is currently moving in a sideways direction. It is a good situation to enter a swing trade. This is a 4hs chart the trade could run over several days. The breakthrough of the Symmetrical Triangle may lead to a new upward trend.
As we see, the price is currently moving in a channel that goes upwards. If the RSI touches the trend line and the bars touch the orange trend will show whether the price will continue to rise. The course can thus go up to 500. The target was calculated with several Fibos.
We are currently in an EW Contracting Triangle. This formation can raise the course by the resistance at 0.842 at the end of the triangle. Whether the assumption is confirmed can be seen at the latest at E. Here would be a good once in a long position.
A few days ago, we were able to localize a trend change through the MCDA and RSI. Now the course has to break the downtrend line. Whether it is really direction of the orange trend line is going to show up in the near future.
Currently, the course seems to be in a sideways movement between 13.09 and 17.00. A few hours ago, it has been broken down by a long-term downward trend and a strong support will be touched in the near future. I think that the course moves to the resistance at 19.48
The course is currently in a slight upward trend. It moves towards 0.236 Fibo and the often confirmed resistance at 0.208. It will show whether the course is strong enough to confirm the upward trend. If it is a sideways trade the next target is 0.167
The course is recovering slightly after a strong rise. He had finally broken the resistance at 234. Currently we are hanging between the old often confirmed resistance at 265 and the 0.382 Fibo at 240. I think the uptrend is now confirmed and the takes a bit of swing for the next one to break through.