PRICE ACTION UPDATE: Jan 22
Here you can see a 4H ChillGuy chart is looking better now with signs of recovery. Let’s break it down real quick:
Bullish Indicators: 1. Price Above $0.08 Support: The price reclaimed $0.0821 and is now climbing toward the $0.09 resistance zone.
2. ***MACD Momentum:*** The MACD lines are crossing up with green histogram bars, signaling a potential upward momentum shift.
3. ***RSI Uptrend:*** RSI is steadily increasing, around 50, indicating strength but not yet overbought.
4. ***Higher Lows:*** The trend is forming higher lows, showing buyers stepping in and defending key levels.
Verdict:
The structure looks hella promising. Next target is 0.09.
Chill and steady wins the race. xx
Here you can see a 4H ChillGuy chart is looking better now with signs of recovery. Let’s break it down real quick:
Bullish Indicators: 1. Price Above $0.08 Support: The price reclaimed $0.0821 and is now climbing toward the $0.09 resistance zone.
2. ***MACD Momentum:*** The MACD lines are crossing up with green histogram bars, signaling a potential upward momentum shift.
3. ***RSI Uptrend:*** RSI is steadily increasing, around 50, indicating strength but not yet overbought.
4. ***Higher Lows:*** The trend is forming higher lows, showing buyers stepping in and defending key levels.
Verdict:
The structure looks hella promising. Next target is 0.09.
Chill and steady wins the race. xx