Factors
1. Price has broken out of the recent downtrend (31/07/19 - 31/12/19)
2. There is an 13/48 EMA cross (02/01/20)
3. Starting from 28 October 2019, there has been a short term uptrend.
4. There is a bullish pin bar printed where price broke the recent downtrend (31/12/19)
5. There is a gap at 13c which I would looking to target, there may be some resistance at 11c.
1. Price has broken out of the recent downtrend (31/07/19 - 31/12/19)
2. There is an 13/48 EMA cross (02/01/20)
3. Starting from 28 October 2019, there has been a short term uptrend.
4. There is a bullish pin bar printed where price broke the recent downtrend (31/12/19)
5. There is a gap at 13c which I would looking to target, there may be some resistance at 11c.