We are witnessing a potential resumption of the bullish wave.
After the classic ABC correction we have a bullish breakout.
From 19-May through yesterday, a short-term correction that pushed prices below EMA10.
Yesterday's session closed as a DragonFly Doji and today we have a full green candle back above EMA10 with a strong RSI.
These are really good signals and points to additional growth.
Regardless of the signals, there can be more consolidation in the days and weeks to come, yet a higher high is due by mid-June and higher... 11-June is an interesting date but things can start to look good sooner.
It is wise to take action before the pack.
✔️ Buy when near support; when prices are low...
✔️ Then sit back and relax!
✔️ Sell later on when everything is green and up.
Namaste.
After the classic ABC correction we have a bullish breakout.
From 19-May through yesterday, a short-term correction that pushed prices below EMA10.
Yesterday's session closed as a DragonFly Doji and today we have a full green candle back above EMA10 with a strong RSI.
These are really good signals and points to additional growth.
Regardless of the signals, there can be more consolidation in the days and weeks to come, yet a higher high is due by mid-June and higher... 11-June is an interesting date but things can start to look good sooner.
It is wise to take action before the pack.
✔️ Buy when near support; when prices are low...
✔️ Then sit back and relax!
✔️ Sell later on when everything is green and up.
Namaste.
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