Crucial breakout

As you notice, a confirmation price around 0.045 that form a rising wedge and a breakout from descending triangle(2 solid red line).

If rising wedge breakout will go down, a possible support around 0.032-0.037.

But if breakout will go up, we will see a 0.045-0.048 resistance and a chance to hit also the strong resistance 0.058
Trend Analysis

Haftungsausschluss