RAREUSDT → Is the DUMP complete? Getting ready to grow?

By RLinda
RAREUSDT after the strongest dump faces the dump and loses almost all its growth by 360%, but at some point the price hits the intermediate bottom of 0.12....

Technically, at this moment there are preconditions for possible growth. The price has stopped updating local lows and is forming a consolidation with rather calm volatility. The market begins to emphasize the resistance at 0.136. Retests in the form of a false breakout are formed, which are accompanied not by a proper fall, but a subsequent retest of the key resistance, which only increases the chance of a breakout and growth to 0.158 - 0.17

Resistance levels: 0.136
Support levels: MA-50, 0.1254


The price is firmly consolidating above MA-50 (H4) and testing the trigger point on this background. Accordingly, the activation of the long scenario will be the consolidation of the price above the specified zone. Targets are marked on the chart...

Rate, share your opinion and questions, let's discuss what's going on with ★ RAREUSDT ;)


Regards R. Linda!
BTCChart PatternsconsolidationdistributionFibonacci RetracementFLATFundamental AnalysisSupport and ResistanceTrend AnalysisTrend Line BreakZigzag
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