The crypto asset previous candle was a High Wave candle right on top of the 10 EMA inside of an ascending triangle. Even though the month just started, price is hovering over the 10 EMA, a bullish break out of the parallel structure inside of the triangle could possibly lead to bullish actions toward 94 cents; however if a bearish breakout to price action to 35 cents. Please observe chart for key levels.
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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.