Today TUTUSDT (Tutorial) has a combination of bullish signals.
It is moving above three strong support levels that were formally resistance. The red zone has been flipped, resistance turned support. The green and blue zones are yet a work in process. The action is happening above but the confirmation only comes ones the daily candle (session) closes above. That is, if today closes above 0.04387, this final resistance level has been flipped support.
Above 0.5 Fib. extension or 0.03951 is the bullish zone. TUTUSDT is now strongly bullish.
Today we have a full green candle and this is great, with rising volume. The highest volume since 1-June with room of course for it to go higher. We can easily see higher prices in the coming weeks and months.
Notice that this is a young chart, but if we couple marketwide action with short-term action, we can predict the next move. This is using the assumption that the market is one; what one does, the rest follows.
It is tricky but with practice you can predict how the market will move as well.
Thanks a lot for your continued support.
The next target stands at 0.08086. That's the main target short-term. An easy target I should say. Potential sits around 84% right now.
Namaste.