1/ It's been sideways since the move up in June but we're currently breaking out and stalling at the 1 fib extension level
2/ Ichimoku cloud has turned green once again signalling the incoming breakout attempt; the previous 2 failed
3/ In June when resistance turned support the price quickly tripled
4/ T.K. cross and 50 EMA has crossed up through the 100 EMA, both bullish
If we can hold above the 1 fib level and see resistance turn support we may see a repeat of June.
If so, trend based fib extension would put 0.003 and 0.005 as the next key prices, +50% and +250% from current prices.
2/ Ichimoku cloud has turned green once again signalling the incoming breakout attempt; the previous 2 failed
3/ In June when resistance turned support the price quickly tripled
4/ T.K. cross and 50 EMA has crossed up through the 100 EMA, both bullish
If we can hold above the 1 fib level and see resistance turn support we may see a repeat of June.
If so, trend based fib extension would put 0.003 and 0.005 as the next key prices, +50% and +250% from current prices.