Hello traders, this is my idea on C98/USD for support and resistance on the daily time frame.
We have the Higher Low trend line.
The first line of support at 2.75 USD
The second line of support at 3.40USD, and we see confluence here with the H.L. trendline. If price holds here we should see another attempt to break the first line of resistance.
Rank #221
Volume past24H: $ 75,883,238
thanks
We have the Higher Low trend line.
The first line of support at 2.75 USD
The second line of support at 3.40USD, and we see confluence here with the H.L. trendline. If price holds here we should see another attempt to break the first line of resistance.
Rank #221
Volume past24H: $ 75,883,238
thanks
Comment:
Confluence support still holding
Rank # 221
Volume 24h: $73,446,593
Rank # 221
Volume 24h: $73,446,593
Comment:
HL trendline lost, second line of support holding.
Rank #221
Volume 24h: $51,958,580
Rank #221
Volume 24h: $51,958,580
Comment:
Second line of support still holding
Rank #222
Vlume 24h: $108,118,529
Rank #222
Vlume 24h: $108,118,529
Comment:
HL trendline followed picture perfect. Retest of the first area of resistance in progress , looking good so far.
Rank #221
Volume 24h: $104,911,346
Rank #221
Volume 24h: $104,911,346
Rank #220
Volume 24h: $57,515,939