The chart already completed an island reversal chart pattern on April 17th when the breakaway gap occur. The retracement after the gap is expected and yesterday candle (April 26th) shows a confirmation that it is getting bullish again. Expect some minor retracement before it continue to go higher with the first price target of 0.64 by using X-X method.
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.