Hello, my name is Kryptos and this is my first idea in the English version of the site. If you find the information useful, I'd appreciate a likes and a subscription.
The coin is in a downward global trend. At the moment the price stands in the sideways and consolidates in the zone 27, the support at this level has been confirmed many times. On the 4-hour chart you can see that the price is being held in a rectangle. And the exit from it can be the entry point when the confirmation and availability of the buyer's volume. The target for this break-up is zone 29-30. Also on the daily chart, there is a trend that is seen by all, when fixed above which will also buy. The following targets with the continuation of growth in resistance levels and accumulation of horizontal volume zone 39-40, 50-52. In the negative scenario, the next significant zone is support 21.
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.