If BTC holds up i believe Dusk will regain the strenght to go through the 0.285 Resistance line.
Positive side is that we have left the down channel now. Yet i drew the Red Lines that imo indicate a heavy resistance zone.
If it breaks through the 0.32 (i see this as a confimation we are back in business) we will hopefully go towards the 0.50Ct + Ara.
Dusk is also creating a rising triangle again (it broke it to wards 0.31 a few days ago (last peak)). We could see this happening again.
Happy Trading
Positive side is that we have left the down channel now. Yet i drew the Red Lines that imo indicate a heavy resistance zone.
If it breaks through the 0.32 (i see this as a confimation we are back in business) we will hopefully go towards the 0.50Ct + Ara.
Dusk is also creating a rising triangle again (it broke it to wards 0.31 a few days ago (last peak)). We could see this happening again.
Happy Trading
Note
feb uptrend line still holdsNote
stil creating a ascending wedge
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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.