Hopes of double bottom being formed from the 200 EMA(in orange), may evaporate if the 50 EMA(in blue) does not provide adequate support. Bulls need price and momentum to make Higher Highs from 0.23 area while bears want price to drop below 0.20.
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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.