We have seen a pretty big correction play out. But with regards to the rise from 0.18$, it can be understood as profit taking.
We can read the chart as follows:
- Higher low is set.
- Divergence on the MACD.
- Lower Volume on the Sell compared to the Buy.
Looks like this a buy opportunity and not a disrupting of the Upwards trend on the Daily and Weekly charts.
*Not financial advice, but experienced based speculation*
We can read the chart as follows:
- Higher low is set.
- Divergence on the MACD.
- Lower Volume on the Sell compared to the Buy.
Looks like this a buy opportunity and not a disrupting of the Upwards trend on the Daily and Weekly charts.
*Not financial advice, but experienced based speculation*