Ascending Triangle ETA 1 Oct 2020
The support and resistance of Krono are 0.555 and 0.725 respectively.
It is observed that the MACD line of Krono is above the centreline indicating some degree of strength in the price movement.
Support 2 : 0.735
Support 1 : 0.725 (11.54%)
Resistance 1 : 0.555 (-14.73%)
Resistance 2 : 0.525
Ascending Triangle identified at 21 Aug 2020.
This pattern is still in the process of forming.
Possible bullish price movement towards the resistance 0.725 within the next 41 days (27 bars : ETA 1 Oct 2020).
It is observed that the MACD line of Krono is above the centreline indicating some degree of strength in the price movement.
Support 2 : 0.735
Support 1 : 0.725 (11.54%)
Resistance 1 : 0.555 (-14.73%)
Resistance 2 : 0.525
Ascending Triangle identified at 21 Aug 2020.
This pattern is still in the process of forming.
Possible bullish price movement towards the resistance 0.725 within the next 41 days (27 bars : ETA 1 Oct 2020).
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