If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Bull Scenario: Break Above Resistance: If the price successfully breaks and holds above the 0.0010845 level, it could trigger bullish momentum. Target Levels: Bulls would aim for higher levels, with potential targets around 0.0012 and 0.00125. Higher Highs and Higher Lows indicates the trend at the smaller degree is up at the moment.
Bear Scenario: Rejection from Resistance: If the price continues to reject from the 0.0010845 resistance, it could fall toward key support levels. Downside Targets: Bears would aim for the first support at 0.0009999 and then the next level at 0.0009741. Trend Continuation: Breaking the Lower Lows could lead to continuation of the down trend at the higher degree.
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.