Here I would like to call your attention to two different types of signals.
We have the reversal candlesticks in the form of Dojis, High Wave Candles, Hammers and Inverted Hammers, these are all marked purple.
We also have the test of "strong" support.
Each time the strong support level was tested a new bullish wave developed. (1 & 2).
Now (3), we have a Doji...
Right now OXTBTC, Orchid, is trading above EMA100 on the daily timeframe.
EMA100 is the blue line on the chart.
This is a strong resistance level that is now being challenged.
If OXTBTC closes above 0.00001247 (EMA100) today, we can expect higher prices as marked by the green arrows.
EMA50/10 (light blue area on the chart) works as support.
This is a...