The market seems to be creating a reversed head and shoulders pattern - its important to note as well that the market is currently testing a support line.
Micro New-Resistance 0.00001032 (Also neckline level) Support : 0.00000999 Next potential move towards 0.00001155
Note
Initial Idea Is Invalid.
Market broke below trend - Market seeks support at 61.8 Level
Next Up move to 0.00001112 Next Down move to 0.00000451 (If market breaks below support)
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.