There is a beautiful bull flag forming on the daily chart. This means the move that comes from a break of the upper trendline will probably be to the upside.
It breaks out above 0.200 today and will target 0.250 and 0.300 when it does so.
Keep in mind - there is a ton of room in this thing - it could take some time to break. You never want to front run a technical setup - wait for the breakout and the daily close as confirmation.
When it does break - I'm expecting the move to play out over 1-2 weeks. This pattern is about a month and a half old - so there should be a pretty damn good move out of it.
It breaks out above 0.200 today and will target 0.250 and 0.300 when it does so.
Keep in mind - there is a ton of room in this thing - it could take some time to break. You never want to front run a technical setup - wait for the breakout and the daily close as confirmation.
When it does break - I'm expecting the move to play out over 1-2 weeks. This pattern is about a month and a half old - so there should be a pretty damn good move out of it.