CLAM Coin Technical View – A Potential Growth

CLAMS found the support near 0.0009 level and started to move higher breaking above the descending channel. Now it could be the turning point where trend will change and CLAMS/BTC will start to move higher after an extended move down.

Following the channel breakout, on corrective wave down, CLAMS found the support at the upper channel trendline as well as 4/1 trendline of the Gann Fan trendline. Holding this support should send the price higher towards one of the Fibonacci retracement levels where the first target is around 0.00337 and the second 0.0042.