Despite a slump throughout the month, the share price has rebounded at Fibonacci support level 0.786, forming a set of bullish candles identified as Morning Star, which our bullish view. The price may head north to test resistance at 0.70, followed by 0.97 and 1.21. On the flipside, price movement below 0.54 will negate this expectation.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only