Chart should speak by itself. But in case it doesn't, you can see the yellow circles mark what was once the resistance, which is now a strong support. The more an area of resistance/support is tested the stronger it is. It happen to be the Fibo 0.786, what a coincidence!!! For a long term investment, we can be pretty sure this a really good accumulation zone!!! That's for the TA, now here you that is for those that like FA : glx.co/blog/komodo-platform-ranked-2nd-for-innovation-behind-bitcoin/ Not financial advise bla bla ... TRADE SAFE!!!
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.