I'm seeing a massive bullish wedge here, a continuation pattern of an overall uptrend. Looking for price action to enter the breakout zone. Entering oversold territory as indicated by the MACD on the daily timeframe, showing a possible crossover to the upside soon.I believe it will take some time and accumulation to test/break $50 range.
Kommentar:
Macd is looking bullish, getting close to crossover on the daily time frame. Possible to test the $21 range again.