To me this chart is saying quite a few things. When zooming out I can see a historical support and resistance level is .00133820 On the day chart, we have completed an inverse head and shoulders. After our breakout we have managed to start to form a neutral pennant suggesting it will breakout either way. A fib retrace suggest that we have bounced off the 50% which is a very big bullish sign. Buying range is between .00139 and .00134 Selling range is between .0015 and .0016 Sell Loss is set at .00131
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.