This Break-Out could cause the market to be forced to bring volume into it. As long as we Break through the pricelevel 0.009 and retest it as a confirmed support it`s time to buy and wait for a 32% gain before we safe profits. This consolidation is a Wedge / Flag mix which could cause the trend to continue. The Flagpool represents our chance of profit.
We had a strong Up-trend after we`ve breaked the important 60$ pricemark and it seems like the Market is willing to climb and see a clear Wave-Pattern of Impuls and correction.
This is not a recommendation, just the way I see it. :-)
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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.