PTSH:charttechnical update! Since middle of December an ascending triangle developed. This should break-out latest 02/11 or 02/12!!!
The ascending line ist created through intraday touch at 0.0004$ at the 17th of December. Climbing up to 0.0005$ at the 29th and further ascending to intraday-ticking-0.0006$ at the 13th of January. Even closing at 0.0007$ on the 20th of January is fitting to the ascending line, risng up further... Resistance could be seen at 0.0010$, created 10th of January as the closing and 11th as the beginning. This upper resistance was confirmed again on the 22nd of January when closing at this point!
Furthermore the ascending line coming from below is cuting the resistance latest 02/11 or 02/12 but should break-out earlier!
In normal case an ascending triangel will be terminated in an upper direction!!!
First target after 0.0010 will be 0.0015 and 0.0021!