After breaking the resistance, the market forms a local high of 11.1 after which it tests the previously broken trend resistance and the support of 8.08. The market is trying to change the trend and it is logical on the growth of the total market capitalization. Technically, the coin has a good enough potential to catch up with other coins in growth.
It is worth paying attention to the zone of 9.220 - 8.08. The bulls are trying to hold this area, increasing their volume. It is worth waiting for the price to consolidate above this area to confirm the bullish potential. The moving averages are supporting the market, and the false break of MA-50 gives a good signal.
Resistance levels: 10.9, 12.67
Support levels: 9.22, 8.08
It is worth considering the potential for buying at the moment. A price consolidation above 9.22 will give a good place to open a trade.
Regards R. Linda!
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.