Updated

SC

The price is now going down a descending channel
We have a support area at 84 Satoshi
In the case of a high price and the breach of the descending channel will head to the last summit 144 Satoshi
The other possibility is to continue the downside as we await the price at 87 Satoshi

Note

We are now at the end of 4 hours, waiting for the candle to close above the support level of 78 Satoshi and the start of the new candle
To determine our route, the route, the potential landing area has 68 Satoshi in case of continued landing

Note

Note here after breaking the descending channel the price went directly to the support area strong 78 st and I mentioned earlier, and the price returned to the area of 84 st strong resistance area tested twice and the price fell from them
There is a positive sign that the MV 14 is starting to hold the price higher
The entry point for the buy will be at the intersection of the MV 14 index with the MV 28 index from bottom to top with the descending down channel and stability above the resistance area which will then become support and the 84 ST
Then the prices will go again to test the last peak reached 104 ST
A stop loss takes just below 78 ST possible to be 75 ST

Note

As I talked earlier prices reached 84 ST and now penetrated and became support
Stability above the support line 84 ST We will go to the first stop 94 ST and 104 ST
Things are serious and prices are starting to move above the MV 50 line

zomlot

Disclaimer

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.

zomlot