RE:For what it worth. TechnicalsQuanadien wrote:
It clearly holds nicely over 0.30 over a few days. Meaning it stabilizes. Also now looking at the daily RSI which has kicked up on the 30 zone meaning might start a uptrend. Backing up that indicator with the CMF that is almost on the green zone which is a good sign. Finally MACD also looks like it wants to get above its average. This look like a reversal on short term but volume needs to back this up for long position. Atm I would say under 0.34 should make you money short term
Seems like it is following that direction. So good news SAR could be broken today or tomorrow if it continues like this. So upper trend on a short term. 2 prices to keep in mind . 0.41 (MA50) and 0.42 (upper bb) and would probably be the resistances .. so prepare for a sell here if volume is not picking up. Weekly graph points toward 0.44 could be reached (MA20) CMF is now positive zone. Macd looks like it is going to cross.. bullish pattern. RSI at 43. So the rebound on 30 was correct and it looks like it will cross 50.