Hello traders, we are a year further from this post and the situation has not changed much, is it? the price again strongly rebounded southwards from the strong resistance at 0.087. What can you expect in this situation? taking into account that the time frame is more than a year, the price should continue its attempt to break through the resistance.
from my point of view, the price should try to break 0.087 again in the coming days.
The price should reach a ceiling of 0.12 by the end of the year, which is equivalent to a 60% increase from now on.
This is exactly the opposite of what happened last year
Promises to be interesting.
Regards

from my point of view, the price should try to break 0.087 again in the coming days.
The price should reach a ceiling of 0.12 by the end of the year, which is equivalent to a 60% increase from now on.
This is exactly the opposite of what happened last year
Promises to be interesting.
Regards

Note
Test 0.0875 is still possibleNote
OK, last breath, if the price rebounds from 0.087 on Saturday, we can calm down to $0.26 :)Note
Hello traders, what can I tell you, the logarithm is inexorable, if the price drops below 0.071, I will be forced to close my positions for the next few months ;/ but since I am an optimist, I believe that the price will not go below 0.076.Let's keep our fingers crossed for a while?
P.S. get ready to touch the water until May this year :)
this theory can be seen here:

Best regards, and I do not recommend my theory as a speculative purpose
Note
Hello, $0.27 is expected to be testedNote
The price of 0.0105 should be the temporary end of the bearish correction?Note
Hello, it looks like the price will try to reach the resistance of $0.26 and then break the 3/1 fibonacy on the chart. After this breakout, there may be another increase to the limit of 2/1, i.e. 0.42 - 0.44 dollars. But it depends on a few factors.I'll see how the situation develops in the next few days.
Regards
Note
Hello traders, a little update. If the price starts climbing north in August, it should stay at $0.087, going below that means a deeper correction which could indicate a double bottom at $0.05Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.