Current price: 0.0577
Key point: 0.0446
Our preferred direction: buying positions above 0.0446 levels, targeting 0.0655 as a first target, then 0.0725 as a second target.
Alternative scenario: stop loss and change direction by breaking 0.0446, targeting 0.0388.
Technical comment
TFUEL currency rose from the support areas 0.0389-0.0446 above the 200-day moving average, and with the formation of the right shoulder of the reversal head and shoulders pattern, the price is expected to rise to 0.0655-0.0725 levels
