Well, I have to admit that there is some doubt. But, If I base my decision solely on the hourly chart (below) then, I have to believe that we will see higher prices to around $0.90 or $0.92 (at least) but, the Daily and 15-minute charts are not concurring. The weekly chart is still calling for $0.70 but, that is based upon a symmetrical triangle that I'm not sure actually exists anymore. I added some gray dotted lines on the Weekly chart (below) to show the confusion. We could now have a Descending triangle (still bearish) or some other pattern now but, you will notice that the weekly chart also shows bullish tension in the MACD as does the Hourly chart so that seems to confirm the potential for a rise in price. Since I'm already in the market and knowing that if the price does drop some that will bring the 15-minute and daily charts in sync with the hourly and weekly charts so, I'm inclined to buy more on dips and if it rallies, I look to take profits at wherever the hourly charts reads overbought.
News 
Market Data 
Discover 
AI
