This asset is consolidating under a key level 0.1755 and under the 200 EMA(orange) and close to the 50 EMA (purple), bullish breakout with no fake outs could push price to 0.1793 and possibly beyond, a bearish breakout with no fake outs to 0.17277 possibly lower. The consolidation is text book bullish, ascending triangle, but the resistance combined with the moving averages poses a problem.
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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.