macro structure is forming head and shoulder's setup
4 hour time frame hold the trend line support if close below support than another low we will witness.
if this current breakout of 7$ happen around we will hold our trade and wait for price to close above 8$ than we are risk free , once price close above 8$ on daily we have huge head and shoulders breakout
this daily head and shoulder's breakout will send price higher to 10 , 12 ,15$ in short time.
4 hour time frame hold the trend line support if close below support than another low we will witness.
if this current breakout of 7$ happen around we will hold our trade and wait for price to close above 8$ than we are risk free , once price close above 8$ on daily we have huge head and shoulders breakout
this daily head and shoulder's breakout will send price higher to 10 , 12 ,15$ in short time.