Trend line 1 marks the intermediate trend without the" local highs and lows", in my opinion.
Trend line 2 marks the upper boundary for the momentary trend channel. this is supported by the blue-reddish trend channel.
Trendline 1 and 2 indicate that we are generally facing an up-trend. The area B1 is a good buying position. The goal would then be at S1. If it falls below B1, B2 would be the next major buying region, unless it falls below! I would aim at the next high at 0.00000188 for profiting.
Also note the 61.8 % boundary of the fibounacci retracement. This supports the good buying region, in my opinion.
Trend line 2 marks the upper boundary for the momentary trend channel. this is supported by the blue-reddish trend channel.
Trendline 1 and 2 indicate that we are generally facing an up-trend. The area B1 is a good buying position. The goal would then be at S1. If it falls below B1, B2 would be the next major buying region, unless it falls below! I would aim at the next high at 0.00000188 for profiting.
Also note the 61.8 % boundary of the fibounacci retracement. This supports the good buying region, in my opinion.