On April 22 TOTAL moved above its 3-Feb. low after trading below this level for some 50 days. Moving above this low is a major bullish development. A very strong yet simple signal.
On April 22 TOTAL moved above and two days later, on the 24, this level was tested as support and holds. The session ended with long lower wick.
The candle 30-April produced a higher low compared to 3-Feb. and this is a major bullish signal. This one here reveals that TOTAL is set to challenge the next major resistance point. This is all happening with a very strong RSI.
The strong RSI is another simple signal and cannot be denied. TOTAL is now moving towards a new All-Time High, and this ATH will happen very soon, likely mid-term (within 3 months).
The next resistance after the advance that will happen in the coming days will happen around 3.25T. This is a mild resistance and should break after some bullish pressure. This will be followed by a challenge of the previous ATH as resistance. It will be pierced right away through a wick and then a new price discovery session will develop.
ยป The entire Cryptocurrency market is bullish right now and set to grow. The grow is already happening since early April.
$BTC $ETH $XRP
Thanks a lot for your continued support.
Namaste.
