CSPR/USDT
1D/4H
Broken out of downtrend resistance with high volume breakout and successful retest of outer structure. Respecting the new uptrend with momentum building on MACD.
I would expect to see this run into the daily supply and see a reaction again. I imagine a lot of orders will have been mitigated from that area now but will still contain sell orders as a POI (point of interest). Fib projection of corrective wave takes us up to the second daily supply where the 1.272 fib is.
Looks healthy overall for continuation upwards.
1D/4H
Broken out of downtrend resistance with high volume breakout and successful retest of outer structure. Respecting the new uptrend with momentum building on MACD.
I would expect to see this run into the daily supply and see a reaction again. I imagine a lot of orders will have been mitigated from that area now but will still contain sell orders as a POI (point of interest). Fib projection of corrective wave takes us up to the second daily supply where the 1.272 fib is.
Looks healthy overall for continuation upwards.
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