As you might have read from the title, the uptrend is clearly visible and it was held beautifully even during the recent selloff.
There is resistance at 0.24 that needs to be broken for further upside and then we have the upper trendline of this uptrend.
If we perhaps break to the downside then we have the following targets: 0.173, 0.165, and 0.15(ish).
We must see how the market turns in the near future and prepare our plans accordingly.
(not trading advice, I'm not your financial advisor, do your own due diligence)
There is resistance at 0.24 that needs to be broken for further upside and then we have the upper trendline of this uptrend.
If we perhaps break to the downside then we have the following targets: 0.173, 0.165, and 0.15(ish).
We must see how the market turns in the near future and prepare our plans accordingly.
(not trading advice, I'm not your financial advisor, do your own due diligence)
We're now sticking to the first downside target - 0.173 USD.
The long bottom wick of the previous daily candle suggests strong buying pressure.
We'll see how this plays out in the future.