During last week, market went bullish, rising to as high as 0.06002.
Market was opened on at 0.05842, it drops to its minimum price at 0.05410 on Fri, 01/05/2018 - 23:30, then it rises to its maximum price at 0.06002 on Sat, 01/06/2018 - 09:30 and finally it was closed on at 0.05943.
- Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
- Relative strength index (RSI) is 64.
- Current short-term is range bound, but beginning of uptrend is expected.
There is possibility of temporary retracement to suggested support zone (0.05250 to 0.04500), if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
- Beginning of entry zone (0.05250)
- Ending of entry zone (0.04500)
Supports and Resistances: