I will post my previous chart on the bottom.
I have extended the support/resistance zones.
I had highlighted the future support line in orange in the previous chart, and that's exactly where we need to go towards now, as the resistance I drew earlier has been hit.
There is no strong pattern being formed right now, so in terms of movement, I don't expect anything crazy, just a little of accumulation or a few days. Then I will update again.
Currently a short because I want to see some support line being formed. But it is not a very deep short, only towards $5.8 - $5.5. After that It may pump or not. Will have to check again later.
I have extended the support/resistance zones.
I had highlighted the future support line in orange in the previous chart, and that's exactly where we need to go towards now, as the resistance I drew earlier has been hit.
There is no strong pattern being formed right now, so in terms of movement, I don't expect anything crazy, just a little of accumulation or a few days. Then I will update again.
Currently a short because I want to see some support line being formed. But it is not a very deep short, only towards $5.8 - $5.5. After that It may pump or not. Will have to check again later.
Order cancelled
Idea failed. It went super bullish instead.
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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.