So the BB bands are getting narrow on the 4 hr meaning the price is consolidating before the next move. If the price breaks down with no significant volume it could be temporary if it break up we need conviction of buyers to show up and the volume needs to increase . Pretty sure anything above 0.38 the bulls would be back in control . Macd suggest bears are losing momentum . I would say we should know by tomorrow if the price breaks up or down . 0.30 would be a nice entry but long term target remains 0.70 specially since we are in a bull market not a bear market no more .
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