Let's take a few minutes to look at the Carry (CREUSD) chart together as it has been doing some really good numbers lately.
The weekly MACD for Carry bottomed June 2022 while the pair bottomed November 2022, giving us a five months long bullish divergence that is now fully confirmed.
After the Nov. bottom, we have a strong higher low in June 2023 which matches many of the strong, big and medium sized, Altcoins.
This week we have a full bullish confirmation with massive growth. This growth is preceded by multiple challenges of resistance so the path is clearly for additional growth.
Additional growth is supported by the MACD moving to the bullish zone with histogram green and the RSI off the chart.
You can find the targets mapped on the chart.
* We do not trade this type of chart, we prefer to buy at the bottom/near support, wait patiently and enjoy the entire ride up... But it is possible to join the action that is already ongoing, it has higher risk but with experience it can be done.
✔️ Do your own research. ✔️ Remember to plan... Wishing you success, always. ✔️ Thanks a lot for your support.
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