It is approaching a critical resistance/support fibonacci line, namely the 0.0020 price. This is evident as it has been sitting at this location for some time now accumulating volume. We have a definitive uptrend as indicated by the black trend line. The MACD is ready to go and the cloud is thin, indicating the potential for a breakout. Wait for a move past 0.0021 For more analysis check out
t.me/CryptoTAandNewsAnalysis
t.me/CryptoTAandNewsAnalysis
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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.