Price is currently moving up after tapping into the 6h demand zone around $0.0145. MACD is bullish, RSI is sold and EMAs are bearish. Price needs to do a clear break of structure above the previous high at $0.0164 for bullish confirmation and only then we would aim for price to fill the imbalance around $0.0197.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.