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Ready to go again??
Guys, I think we will see a rise in prices soon.
As you can see, this post ATH "bearish run" hit the low end of the uptrend channel and reached the most important support, $ 1.60 on both the 4H and 1D charts, so a nice confirmation.
On the daily chart, if confirmed as I believe, there is a nice ENGULFING candlestick pattern which would further confirm my theory, while on the 4h chart we can see today's trendline break, I think it is enough to start the bull run.
We have to close on the MA 24 and use it as a support, let's see!
What do you think about it??
As you can see, this post ATH "bearish run" hit the low end of the uptrend channel and reached the most important support, $ 1.60 on both the 4H and 1D charts, so a nice confirmation.
On the daily chart, if confirmed as I believe, there is a nice ENGULFING candlestick pattern which would further confirm my theory, while on the 4h chart we can see today's trendline break, I think it is enough to start the bull run.
We have to close on the MA 24 and use it as a support, let's see!
What do you think about it??
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