Verge of a Break out!An ascending triangle formation is seen in the 4hr chart.
The green candle is on the resistance. Chances of a break out here is less.
Looking at the RSI it seems that there is room for the buyers
MACD hasn't confirmed the uptrend yet. Therefore, i think it'd follow the blue curve before breaking out.
I'd go long at the blue line. hopefully, there would be enough confirmation there.
Appreciate your feedback. Thank you!
