PENDLE CHART ANALYSIS : LONG OR SHOT? SEED_DONKEYDAN_MARKET_CAP:PENDLE is currently facing resistance and CRYPTOCAP:BTC is struggling to clear main resistance at 67k. If PENDLE doesn't hold current price at 4.30 zone, next support stands at 3.40 zone, which is also a mid supply zone.
In case of bullish move from support or from current price value 6.00 level is most likely to happen in few weeks.
OMUSDT
TECHNICAL ANALYSIS $OM 12-JULIt is a fact that in an uptrend, the price just keeps increasing. Until it doesn't increase anymore (breaking the important demand zone).
So our job is to find this important demand area, which is considered half of the success.
If the search is not accurate, it doesn't matter because you place SL after this zone and the last trick is capital management.
When the price touches Supply or Demand, there is no guarantee that it will decrease or increase further. But if there is confirmation in a small frame, it will be a big support factor.
Canh LONG NASDAQ:OM and remember to manage your capital.