Strat tested the upward trend line after failling from ATH. [all time high]
Broke the downward trend line on on 18th July.
It has now accumulating inside the channel.
Long term targets
1st Target = 0.00324 [upward channel line]
2nd Target = 0.00430 [previous ATH]
Can see a new ATH in coming weeks to months as
there are some major releases in Q3 - Q4 2017
Stop loss =
1st SL = below the lower channel support
2nd SL = below the upward trend line support
Bullish Signals
Ichimoku cloud breakout = Bullish
Support at EMA 200 = Bullish
Support at bottom of cloud = Bullish
Upward Trendline support since March 2017 = Bullish
Possible scenarios
We may see strat touch the bottom of channel once more to test it. = That would be instant buy signal
1st target would be the upward line of channel. Followed by retest of ATH
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