Hello, traders!
The price of the asset has been accumulating for more than two months in the range of $0.0152 - $0.0274
At the current moment, there is a retest of the upper border of the range - the level of $0.0274
Volumetric and cluster analysis shows an increase in the number of purchases. Large purchases are between $0.021 - $0.026
The Bitcoin correction will serve as a trigger for the correction of the whole market. In this case, it will be possible to comfortably gain a position on the instrument with less risk.
The position can be taken in two parts:
The first one is in the range of $0.0192 - $0.0212.
The second one is within the range of $0.0220 - $0.0232.
Stop-loss can be placed under the $0.0152 level
Target prices for purchases will be
$0,0365
$0,0400
$0,0435
$0,0490
Fixing profits is an integral part of the trading process.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
The price of the asset has been accumulating for more than two months in the range of $0.0152 - $0.0274
At the current moment, there is a retest of the upper border of the range - the level of $0.0274
Volumetric and cluster analysis shows an increase in the number of purchases. Large purchases are between $0.021 - $0.026
The Bitcoin correction will serve as a trigger for the correction of the whole market. In this case, it will be possible to comfortably gain a position on the instrument with less risk.
The position can be taken in two parts:
The first one is in the range of $0.0192 - $0.0212.
The second one is within the range of $0.0220 - $0.0232.
Stop-loss can be placed under the $0.0152 level
Target prices for purchases will be
$0,0365
$0,0400
$0,0435
$0,0490
Fixing profits is an integral part of the trading process.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice