MAGIC / TetherUS
Panjang

Important resistance blocking the way to the ascent...

167
Hello friends

Well, we have a downtrend, and you can see that we have drawn a resistance for it, and the price has hit this resistance twice.
After the second hit, the price has fallen to the specified support area, and in that area a double bottom pattern has formed, and the price has been supported. Now, considering the support in this price area, we need to see if the buyers can break the specified resistance or not?

If the resistance is broken, the price can move up to the two specified areas, but if the price falls, we need to see if the support that once supported the price and caused the price to grow can support it again or not?

So, follow capital and risk management

*Trade safely with us*
Nota
Well, comrades, we said that for the price to grow, it is necessary to break the identified and valid resistance, and you can see that after the price fell in the support area that we determined for you, the price pumped from there and managed to break the resistance, and now we are in a good profit. Don't forget to save your profit.

Good luck.

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.