1) Retraced 89% to a major trendline. 2) Hidden bullish divergence on RSI (also stoch completely oversold) . 3) Currently is trading in a huge falling wedge.
Minimum target is 11$, max-60$.
Trade active
Breakout against USD and BTC.
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Looks like a fakeout so far, though it can fill the wick in coming days.
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Gas is heating up; let's see if it will manage to hold the price.
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This pattern could potentially take it to the ATH.
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It's on. Any impending consolidations need to be closely monitored.
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First target reached
Trade closed: target reached
A dip back to the 2200 level seems likely at the moment, so I'm closing this one for now.
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