We are in good profit here.
- The weekly chart looks good. The indicators are strong. Pointing up and plenty of room for growth. But it looks like a consolidation week, also known as time to wait.
Weekly chart:
For the daily chart, we are going sideways, which is consolidation. You can use this channels as support / resistance level guides. You can trade within these channels, swing trades, but they will soon be broken.
You can see clearly how the coin is moving and where you can expect it to go depending on what it does. If it breaks up it goes up. If it goes to support it can go down.
1D chart:
