This is the my second view for this counter. As we can see after price hit left shoulder at 0.13 it start downtrend to test demand area.
There are two important demand area available. If price unable to sustain above 0.07 price will test the lowest demand (flag limit area)at 0.055 where the origin price start to went up. If refer to monthly TF there is berish engulf , so possibility price will hit 0.055 area before goes up .
My first target to TP is 0.13 follow by 0.155. Price must break and sustain above 0.2 before can continue to climbing up.
There are two important demand area available. If price unable to sustain above 0.07 price will test the lowest demand (flag limit area)at 0.055 where the origin price start to went up. If refer to monthly TF there is berish engulf , so possibility price will hit 0.055 area before goes up .
My first target to TP is 0.13 follow by 0.155. Price must break and sustain above 0.2 before can continue to climbing up.
Trade ativo:
Price reacted at demand area and start climbing up. If price able to maintain above 0.065 TP at nearest resistance or hold until PA reversal form at resistance area else price might goes down test demand area that i had marked