Hello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years.
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Now, let’s dive into this chart analysis:
ATR is currently facing resistance between $0.0165 and $0.0211. If ATR fails to break above this resistance level, a downtrend is likely, with a potential drop to the $0.0047-$0.0064 range.
On the upside, a breakout above this resistance will confirm a bullish rally for ATR, with potential gains of over 740% from the support level.
The RSI is trending below the middle line and is likely to reach the oversold zone, indicating a possible bearish move.
Key Levels:
- Primary Resistance: $0.0165-$0.0211. - Primary Support: $0.01193. - Lower Support/Accumulation: $0.0047-$0.0064. - All-Time Low: $0.0025. - All-Time High: $0.105. - Scenario: Possible rejection, followed by a rebound.
DYOR. NFA.
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