Cindicator (CND) Strong Volume Coming In... Likely Breakout!
Cindicator (CNDBTC) is still trying to break above the EMA100 blue line, clearly seen on the chart...
This line has been working as resistance since.
Even though this level is yet to be conquered, we can see strong volume coming in today, the highest since May.
We also have a higher low compared to January, as we've seen with many other altcoins pairs.
This is all pointing to higher prices... Patience is needed and suddendly boom, CNDBTC moves ahead.
In the case of a failed bullish break, support can be found first at EMA50 (34 satoshis) and then at the last low at 26 satoshis.
The bullish bias is strong.
This is not financial advice.
Namaste.
This line has been working as resistance since.
Even though this level is yet to be conquered, we can see strong volume coming in today, the highest since May.
We also have a higher low compared to January, as we've seen with many other altcoins pairs.
This is all pointing to higher prices... Patience is needed and suddendly boom, CNDBTC moves ahead.
In the case of a failed bullish break, support can be found first at EMA50 (34 satoshis) and then at the last low at 26 satoshis.
The bullish bias is strong.
This is not financial advice.
Namaste.
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