$WCT Comparing indicators to determine the potential direction of the explosion:
Indicator Signal Interpretation:
Bollinger Bands Severe contraction
Indicates an imminent price explosion, but does not determine the direction
RSI 32.5 (Close to oversold) Often precedes
a bullish rebound
MACD Weak positive crossover Beginning of potential upward momentum
Price below the average Negative Indicates that the price remains in the bearish zone Volume Low but balanced No strong selling pressure currently, nor sharp accumulation either
Probability of bullish explosion:
Technical probability: Medium to high.
RSI's proximity to the oversold area + beginning of MACD crossover + price stability near a clear bottom » all signals that the market is exhausting sellers and may be preparing for a rebound.
If the price breaks 0.4082 with trading volume above average, this will be a good confirmation of a bullish explosion towards 0.46 or higher.
Probability of bearish explosion:
Technical probability: Weak to medium.
The price has approached the support level of 0.3650 several times and has not broken it → indicates good consolidation.
There have been no strong bearish candles recently.
If 0.3650 is broken with a clear close and high volume, this will be the start of a bearish explosion towards 0.33 or 0.29.
Current weighting:
> Greater probability: Bullish explosion with an approximate percentage of 65%
Lesser probability: Bearish explosion with an approximate percentage of 35%
General recommendation:
Monitor the level 0.4082: breaking it with
increasing volume = good buying opportunity.
Monitor the support 0.3650: breaking it with a
close = exit or sell signal.
