Broke down trend line. MACD starting to cross. If we can cross this rersitance next, I see it going to 1.5 USD
Good volume, support on trending line.
Why? 50 day moving average support level. 2nd leg of EW. Wedge triangle finishing.
I think that if we break the downtrend red line now, the price will raise, otherwise it will follow that line before raising again.
Bull wedge closing to an end. C elliot have ending. Expect it to move up soon.
Correction seems over. I wouldn't expect the prrice to go much further down,
Wedge ended. 2nd elliot wave seems to be forming.