- A Falling wedge pattern creation is almost done and waiting for a confirmation breakout above the upper resistance line. - RSI seems to be comfortably in a good movement currently at around 55. - Both 50EMA and 89EMA are trying to make their path on favor of the bulls and can be taken as confirmation for a breakout if they come below the price in the following 4H candle charts. - Volume is trying to increase and needs some strength to help a confirmation of opening a long position.
Accumulation Area : 2021 sats - 2150 sats Distribution Targets : Target 1 : 2239 sats Target 2 : 2374 sats Target 3 : 2483 sats Target 5 : 2592 sats Target 6 : 2747 sats Target 7 : 2945 sats Stop Loss : A close below 1813 sats **All targets are expected to be achieved upto in 30 - 35 days.
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