However, if you look close to previous resistance touch points, you can see that whenever Green candle touched resistance, the next 2 Candles were Red which told us that there was not enough power to break the resistance and bears were acting strong. But things changed!
* Right now, Green candle Touched Resistance, followed by Red candle as always, BUT third candle is GREEN. Which means that bears do not have any more power to bring the price down!
* Positive Divergence and about to cross for uptrend
* If the daily candle will close , it will a hint for a breakout
* is very thin which means that it will be very easy to break
* 9 and 24 day MAs are ready to start going uptrend,
Entry Level: 0.052
TP5: new ATH : 0.108!
Finally, the resistance is broken and fixed above!
We also have upcoming fork in the mid of January.
I think we are on a trip to target points right now.
However, expect few consolidation periods.
Set your stop losses to 0.042
Next stop is 0.07
Uptrend is confirmed, so all to do right now is wait
I am not waiting for ATH and getting off from this trade.