Hi Everyone! My 1st Post Ever!!
" potential Breakout to 0.60 - 0.63 in the horizon, within the coming days."
A Strong Uptrend has been respected all the way from 0.47.
The price has entered a Falling Wedge Pattern and currently Broken Out and into the small neck of consolidation before going off to the next price targets of .57 and .60.
The visibility of small neck consolidation can be illustrated with the MA of 20 and 50.
Once reaching .57 we see that Volume and Candles start to get much bigger than normal. This indicates that once at .57 expect a quick rise to testing .60 mark again. And this time even Going beyond it to .63 Where then might be tested for a significant Retracement.
.57 to .60 Mark is a gold mine for Scalpers and Day Traders.
Let me know in the comments what are your thoughts. Thanks!
All are only my sole Opinions! Thanks for your time, Cheers!
" potential Breakout to 0.60 - 0.63 in the horizon, within the coming days."
A Strong Uptrend has been respected all the way from 0.47.
The price has entered a Falling Wedge Pattern and currently Broken Out and into the small neck of consolidation before going off to the next price targets of .57 and .60.
The visibility of small neck consolidation can be illustrated with the MA of 20 and 50.
Once reaching .57 we see that Volume and Candles start to get much bigger than normal. This indicates that once at .57 expect a quick rise to testing .60 mark again. And this time even Going beyond it to .63 Where then might be tested for a significant Retracement.
.57 to .60 Mark is a gold mine for Scalpers and Day Traders.
Let me know in the comments what are your thoughts. Thanks!
All are only my sole Opinions! Thanks for your time, Cheers!