- If we take a look at the volume indicator, we can clearly see a massive bullish volume spike, which is definitely a good sign!
- On the weekly scale, we can see a falling wedge that is currently breaking out!
- As per my Elliott wave technical analysis - the huge impulse wave (12345) should be completed, as you can see.
- On the RSI indicator, there is a bullish divergence - wonderful sign of a trend reversal.
- Profit target: 0.618 FIB + start of the wave 5 for 700% profit.
- Look at my ideas about another interesting altcoins in the related section down below ↓
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