Couldn't survive the resistance, going back to support.
Market was shaky but now it looks more stable. Those who opened long positions after touching the middle Bollinger band did a smart move.
But wait for now, we're still having the chance of going down because there are sell volumes in the market.
If you want to open long positions wait for the price to cross the first static resistance and then after closing a candle above it and getting a confirmation, open your long positions and aim for the next static resistance, or the higher Bollinger band, depending on your risk taking level.
There are two other static support levels which can hold the price up for us.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $0.2018
Good Luck
Tell me your ideas. Like and Share
Market was shaky but now it looks more stable. Those who opened long positions after touching the middle Bollinger band did a smart move.
But wait for now, we're still having the chance of going down because there are sell volumes in the market.
If you want to open long positions wait for the price to cross the first static resistance and then after closing a candle above it and getting a confirmation, open your long positions and aim for the next static resistance, or the higher Bollinger band, depending on your risk taking level.
There are two other static support levels which can hold the price up for us.
I'll keep this chart updated.
Use this chart as your trade setup for now.
Current Market Price: $0.2018
Good Luck
Tell me your ideas. Like and Share
