SKLUSH 4H: Looks like finding support with sideways movement
As above.
Finding some support at 0.72 with low volume and sideways movement. Had a spike over 1.0 through top trend line in this current channel but not sustained.
Look for increased volume, MACD on 2H to turn positive, and would like to see it blast through resistance area in lower to mid 0.8 range for continuation up into at least 0.9 range. Would be very encouraging if breaks and sustains above 1.0 for moon shoot.
If 0.72 support fails, then back down to lower 0.6 or 0.5 areas again.
Will continue to watch.
Good luck traders!!
Finding some support at 0.72 with low volume and sideways movement. Had a spike over 1.0 through top trend line in this current channel but not sustained.
Look for increased volume, MACD on 2H to turn positive, and would like to see it blast through resistance area in lower to mid 0.8 range for continuation up into at least 0.9 range. Would be very encouraging if breaks and sustains above 1.0 for moon shoot.
If 0.72 support fails, then back down to lower 0.6 or 0.5 areas again.
Will continue to watch.
Good luck traders!!
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