FLOKUSDT pump amid weak cryptocurrency market. Hunting for bullish liquidity before liquidation.
Level (resistance):
The price is testing the resistance 0.1905, seems to break through it, but can't continue the rally yet. At this time, the cryptocurrency market flounder - BTC starts to decline, it can provoke a false breakout of resistance and a fall of the coin.
M5 setup:
Scenario: If the coin fails to rally and continues its gradual approach with declining highs (pre-breakdown consolidation), the 0.1905 level may not hold. The return of the price under the resistance will confirm the fact of a false breakout. In this case, we can expect a decline to the zones of interest at 0.155, 0.1215.
Level (resistance):
The price is testing the resistance 0.1905, seems to break through it, but can't continue the rally yet. At this time, the cryptocurrency market flounder - BTC starts to decline, it can provoke a false breakout of resistance and a fall of the coin.
M5 setup:
Scenario: If the coin fails to rally and continues its gradual approach with declining highs (pre-breakdown consolidation), the 0.1905 level may not hold. The return of the price under the resistance will confirm the fact of a false breakout. In this case, we can expect a decline to the zones of interest at 0.155, 0.1215.
❤️ Telegram channel: t.me/AndeWave
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.
❤️ Telegram channel: t.me/AndeWave
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.