An instrument with short history so no real expectations here beyond movement in a channel in the foreseeble future.
Reasons to go long:
1. Broke descending trendline
2. Still within lower range of channel.
3. Daily broke MA and is above, needs to hold though.
3. Wave theory suggests completed abc correction and new impulse up.
4. Alt season began?
Reasons to go long:
1. Broke descending trendline
2. Still within lower range of channel.
3. Daily broke MA and is above, needs to hold though.
3. Wave theory suggests completed abc correction and new impulse up.
4. Alt season began?
