1. The 200 moving average in yellow colour just crossed above its 500 moving average in the two-hour price chart which could be a confirmation of a long-term uptrend. The last time we saw this crossover was in October 2017 the beginning of the uptrend which ended in Dec 2017
2. Prices are currently sitting just above the 200 moving average after it bounced off as it acted as a support point in the two hours price chart
3. If prices can hold above the 200 moving average then we might see it progress to 11643 which is the next major resistance price point
4. A major support price point is at around 10338
2. Prices are currently sitting just above the 200 moving average after it bounced off as it acted as a support point in the two hours price chart
3. If prices can hold above the 200 moving average then we might see it progress to 11643 which is the next major resistance price point
4. A major support price point is at around 10338