Price is currently ranging slowly but steadily in an uptrend after tapping into the 2h demand zone. MACD is not clear, RSI and EMAs are both neutral. Price may still move down in order to fill the FVG (fair value gap) and tap into the next major 4h demand at $0.59 before moving up again to take out all the liquidity resting above both levels of equal highs.
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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.