I foresee a possible reversal at around 0.00026-27 as said before.
Bullish divergence seems to be building up as per the momentum oscillator.
As momentum moves up and price moves down, tension builds for a pop to the upside.
The W pattern would confirm a change from the downtrend off of the Head & Shoulder.
If price somehow manages to dip below 0.00022, I will consider the reversal invalid.
Not financial advice. Cheers!
Bullish divergence seems to be building up as per the momentum oscillator.
As momentum moves up and price moves down, tension builds for a pop to the upside.
The W pattern would confirm a change from the downtrend off of the Head & Shoulder.
If price somehow manages to dip below 0.00022, I will consider the reversal invalid.
Not financial advice. Cheers!
Trade active
Entry points achieved.Trade closed manually
Looks like a possible H&S on a macro scale.Taking profits here while I can.
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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.