A perfect ascending triangle is in the works and its a matter of days/weeks for it to possibly break out at the upside.
Most probably will do a few more re-tests on the lower trendline before it finally breaks free.
Most probably will do a few more re-tests on the lower trendline before it finally breaks free.
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Once the upper trend line has been broken, I would wait for a 1D candle confirmation to eliminate any fake-out at play. Then increase my position.
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$1.66 and above will be ideal as we break through the Ichimoku resistance and will signal strong bullish momentum.