Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed.
If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked .
we can visualize...
Any opening in-between the areas marked will be a no trade zone for buyers. However a breakout on either sides of the support and resistance zones will be interesting...as it will be coming out of consolidation area. The opening will lay the course of action for the day.
Special markings in Red, blue and Green are very important areas and opening of the trade in...
OP Spot call
All supp and resis lvl are drawn in chart keep an eye if you are interested to grab som OP coin in your spot wallet.
For Future trade there is very low volume so do trade in spot for safe side see the chart closely and comment your fav coin if you wanna see the analysis of that coin
Gold XAUUSD has seen a similar pattern ( Fractal represented by BOX on the price chart) formed between August'2011 to September'2012. A similar pattern has currently unfolded and we are at the cusp of the breakdown of the consolidation range, while range breakdown will mean flinty times for gold bulls as gold remained in cyclical correction for around 1000 days...
A resistance tested multiple times, up on breakout (S/R Flip)
Storj can ride big.
Spot buying maybe good.
In case failed to break above, it may go down hard too..
#DYOR
