As I said in my last update 0.12cent was local bottom !then I called this pump to.
As i said back then , 0.23cents will be a make or break price point. What does that mean?
If price will close the daily and especially this weekly candle above 0.23c I think there`s a good chance price will retest at least .28cents.
If price will roll over in the coming lets say 24-36hours ,and price drops under 0.18c, that`s a serious warning shot ,and price could reach my final target which is 0.085c
Giving the fundamentals (pulse swap SAC) ,giving the fact there are no big stakes expiring in the next 5 months I think this thing could turn bullish ...
In my chart also noticed an ADAM & EVE bottoming & bullish formation
The big descending blue line will be a local resistance (roughly now at 0.28cents)
Conclusion:
closing above 23cents ,neutral-bullish!(target 0.28)
closing above 29cents BULLISH (target at least 0.38cents)
closing under 18cents BEARISH (target 0.085cents)
As i said back then , 0.23cents will be a make or break price point. What does that mean?
If price will close the daily and especially this weekly candle above 0.23c I think there`s a good chance price will retest at least .28cents.
If price will roll over in the coming lets say 24-36hours ,and price drops under 0.18c, that`s a serious warning shot ,and price could reach my final target which is 0.085c
Giving the fundamentals (pulse swap SAC) ,giving the fact there are no big stakes expiring in the next 5 months I think this thing could turn bullish ...
In my chart also noticed an ADAM & EVE bottoming & bullish formation
The big descending blue line will be a local resistance (roughly now at 0.28cents)
Conclusion:
closing above 23cents ,neutral-bullish!(target 0.28)
closing above 29cents BULLISH (target at least 0.38cents)
closing under 18cents BEARISH (target 0.085cents)