With this week's weekly candle opening with the same satoshi amount as the close of last week's candle (7 sats ), we're sitting nice and tight on the DENT Rocket's Launch Pad. Furthermore, this tremendous line of support (which currently houses an astounding 3+ billion buy-wall, at the 6th satoshi, on Binance) will allow the rocket's thrusters to to propel us into orbit!
Trade well my friends.
My oh my this war for the 7th Sat is brutal! There were massive exits that allowed the price action to dip into the 5th sat; however, all that weight that was once solely carried upon the shoulder’s of 6, is now evenly distributed through both the 5th and 6th.
Furthermore, albeit the dip in price action, the Bears have sold their positions to billions of buy orders!
Sleeping giant? I think so.
We shall not fret; Luckily for ya the new daily/weekly candles have opened at the close of the previous day/week candles (respectfully); this is a great candle formation and is sitting at the major support levels.