I am seeing a bullish descending triangle forming, and the two scenarios are highlighted in the chart.
On the daily we have a full bullish engulfing candle forming - indicating the price should never have been this low! There might be a temporary volatile boom upwards, as since this morning it has already risen over 5%. On these wedges you can buy when it breaks and recontests the wedge, or you can do it as you like, and buy it earlier on.
In both scenarios we are expecting a break upwards.
Take profits
0.0086 - and move stop loss to here.
0.0096
0.0134
0.0156
0.0215
You can break into percentage-selloffs at each of these levels and re enter every time we go below 0.008
This coin brought into my attention by a trader here named LuckyTrader102. I give credits to him. Simply wanted to share this with my followers so they are aware of it as well, as they might not follow him.
On the daily we have a full bullish engulfing candle forming - indicating the price should never have been this low! There might be a temporary volatile boom upwards, as since this morning it has already risen over 5%. On these wedges you can buy when it breaks and recontests the wedge, or you can do it as you like, and buy it earlier on.
In both scenarios we are expecting a break upwards.
Take profits
0.0086 - and move stop loss to here.
0.0096
0.0134
0.0156
0.0215
You can break into percentage-selloffs at each of these levels and re enter every time we go below 0.008
This coin brought into my attention by a trader here named LuckyTrader102. I give credits to him. Simply wanted to share this with my followers so they are aware of it as well, as they might not follow him.