Downtrend until it finds support or breaks the channel
As you can see the trendline broke down creating a downtrend. A hammer was drawn indicating reversal but it failed to break the short term resistance.
Note
At critical support now. If the price closes below 1000 sats we are likely heading to 870-900 sats.Note
Looks to be holding but still not out of danger, needs a strong green candleNote
Turning slightly bullish. so far every attempt to push price below 1000 sats has been countered as you can see by the indecisive wicks. We could see a move up to test 1100 zone again.Note
After the pairing with Vietnamese Dong yesterday, today it gets paired with USDT!t.me/SolvecareUnofficial/30930
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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.