Possible convergence of W 200ema and an important previous high

17 Des 2021

I think there's going to be some old orders sitting there at between 0.08 and 0.10 that the market is going to come and grab before heading back up to take profit at about 0.34. Also 0.10 is a psychological round number. PLUS the weekly 200ema may converge. I am not a professional trader just a few years of practice so far.