No guarantees, but NPXSBTC migth be finally ready for at least a temporary bottom, if the thick support line holds...
Note
this micro-bounce and rise in volume is positive, but so far nothing distinguishes it from the previous volume surge at the start of December. We need a decisive push to escape the danger of sinking to the next support level below (as happened before)
Note
First hurdle passed
Note
Technically we did get a micro-bounce, but nothing to write home about
Note
obviously, 11 and 10 sat level support has to hold. Otherwise the trade is invalidated and it goes one level down
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.
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.