Both ADX(14) and RSI(14) confirm that price is ranging on Daily time-frame. Also the volume has not increased significantly. However there is possibility that price is starting the early uptrend then first buyers are stepping in. The price has created bullish pattern when price reached higher high, but RSI(14) failed make new high, and the […]
The price was moving strong recently. However the volume (buying volume) is not seen here yet. The price has formed bullish pattern on hourly chart, with current support around $0.48. However the price has not visited this level again. If it does revisit the new support then there is possibility for low risk – high […]
The price was moving strong in up-trend accompanied with large spikes of volume. There is significant possibility that up-trend might continue as hourly chart creates bullish pattern with multiple new supports. The price creates bullish pattern on hourly chart, with multiple supports at $1.10, $1.14 and $1.20. If the price reverses from one of these […]
The price is moving strongly on daily chart. However volume (buying) is missing. The price still has possibility to reverse and continue up-trend. Hourly chart has created bullish pattern, created new support and tests it currently. There is high probability that price will bounce from level at $1.21.