Bullish Bias
Price broke out of the descending trendline. We can thus expect a bullish reversal from here. However, the price is still below the 200 daily moving average. We will thus use DCA. SL is whenever the price closes below the support at 0.7770.
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Disclaimer
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.