Lower Low->Lower High could be first sign of price downtrend
A lower low followed by a lower high usually means a change in trend and if it breaks below the new lower low support it could be the first signs of a weak market. Keep an eye on this as the price flirts with the new support level.
Not convinced this has completely broken support yet. (remember ther's a buffer zone on resistance/support levels it's not always an exact number)
My Move: I'm continuing to wait on the sidelines until this coin shows me what it's plans are. If we break past previous support levels and price continues to drop I'll look to add to my position around the 8200 level.
Not convinced this has completely broken support yet. (remember ther's a buffer zone on resistance/support levels it's not always an exact number)
My Move: I'm continuing to wait on the sidelines until this coin shows me what it's plans are. If we break past previous support levels and price continues to drop I'll look to add to my position around the 8200 level.
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