Weekly Price Structure showing a huge bullish flag has formed. Price has formed Higher High & Higher Low inside flag, looking to breakout next week. Stochastic RSI shows momentum is heading towards upside.
Daily Price has broke resistance @ 0.00004900 & tested for support. Bullish momentum has slowed down on daily. Expecting consolidation before next big move.
4Hour Shifting over to our pattern timeframe we can price has found resistance @ 0.00005500 Minor support found @ 0.00005150 Expecting consolidation between these zones. Break and close above 0.00005500 triggers trade.
Hourly Finally looking over at our trigger timeframe we can see price is starting to tighten up preparing for a breakout. Taking a look at our stochastic RSI we can see momentum is building in favor of the bulls.
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