its been a while
reasons for pump:
after a long downtrend, price has formed a base above a 3 day demand block.
price has had a bullish reaction off a triple tap of support (triple bottom).
base looks to be accumulation with a bullish divergence on the daily RSI.
unusually high v
EMA's are beginning to turn upwards after much consolidation.
looking to play the expansion phase of this consolidation, with an entry at the retest upon breakout.
tp 1 = $8.47 (i expect higher)
tp 2 = $11.00
stop below 12 hr breaker
glhf
reasons for pump:
after a long downtrend, price has formed a base above a 3 day demand block.
price has had a bullish reaction off a triple tap of support (triple bottom).
base looks to be accumulation with a bullish divergence on the daily RSI.
unusually high v
EMA's are beginning to turn upwards after much consolidation.
looking to play the expansion phase of this consolidation, with an entry at the retest upon breakout.
tp 1 = $8.47 (i expect higher)
tp 2 = $11.00
stop below 12 hr breaker
glhf