We are facing a fairly ambiguous situation, the chart is currently signaling a support at 0.057 and a resistance at around 0.094.
technically we can see that a CUP & HANDLE (White) has ended and at the same time a bullish Flag has formed which at this moment is on the Bottom of the same.
I believe that HERO has the possibility to lateralize to the maximum until March 15th, the date on which the Wedge would end and then after this compression on the lows, shoot upwards, testing again the resistance of 9 and 10 Cent.
Personally, if it also returned to 0.047, the last support, I would accumulate more HEROs because we would see a probable rebound.
What do you think?
technically we can see that a CUP & HANDLE (White) has ended and at the same time a bullish Flag has formed which at this moment is on the Bottom of the same.
I believe that HERO has the possibility to lateralize to the maximum until March 15th, the date on which the Wedge would end and then after this compression on the lows, shoot upwards, testing again the resistance of 9 and 10 Cent.
Personally, if it also returned to 0.047, the last support, I would accumulate more HEROs because we would see a probable rebound.
What do you think?