Hello traders!
After taking a look in to this chart i have seen some potential if the price bounces of the trend line (which was once already broken in the past).
For a small help there is a random support/resistence line which i have no clue about why is it there.
The rsi just bounced back up a bit but the Stoch just crossed on bearish side.
The confirmation should be in near days if this will be a bull run we will se some green in there and some more volume (which is really low at the moment) that will be indicating accumulation from other people before the real bull run.
If we see a broken trendline the next target would be .236 fib
After taking a look in to this chart i have seen some potential if the price bounces of the trend line (which was once already broken in the past).
For a small help there is a random support/resistence line which i have no clue about why is it there.
The rsi just bounced back up a bit but the Stoch just crossed on bearish side.
The confirmation should be in near days if this will be a bull run we will se some green in there and some more volume (which is really low at the moment) that will be indicating accumulation from other people before the real bull run.
If we see a broken trendline the next target would be .236 fib