Encouraging price action today but coming up to a bit of resistance overhead. First a look at the LT daily chart showing the breach of the top pink tyne today. I've also added a new yellow fork which nicely sums up the price action for the past year as price kept attempting to break above the lower yellow tyne and kept getting rejected before finally cracking it just recently. The yellow median at around 8.8c - 9.2c depending on timeframe is now a target and price action is looking like it wants to go parabolic.
Zooming in, can see in greater detail the resistance overhead now at the first aqua warning line and the next warning line of revived green fork. Can also see the change in price trend from the white channel to the blue channel. ST, expecting price to test backtest break of pink tyne before continuing on its merry way up.
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