Price currently been trading at wave E in triangle correction.
The shakeout with no supply at second bottom indicate that demands might taking over pretty soon.
Bullish divergence also spotted from 14 Dec 21 low --- 7 Jan 22 low also indicate double bottom reversal might happen on this level.
key levels;
current resistance - 20 DH 0.355 (5.97%) next resistance 0.400 (18.13%)
current support - 0.330.
52 WH - 0.540 (61.19%)
All time high - 13.939 (4060.85%)
The shakeout with no supply at second bottom indicate that demands might taking over pretty soon.
Bullish divergence also spotted from 14 Dec 21 low --- 7 Jan 22 low also indicate double bottom reversal might happen on this level.
key levels;
current resistance - 20 DH 0.355 (5.97%) next resistance 0.400 (18.13%)
current support - 0.330.
52 WH - 0.540 (61.19%)
All time high - 13.939 (4060.85%)