Krystiannwk

FlorinCoin more detailed market insight on 4H

Long
POLONIEX:FLOBTC   None
4H chart revealed some interesting price action. Psychological level (0.00001000 round number consolidated with GAP) mentioned in other idea was tested twice in last 2 weeks with negative results. Few candles managed to close above but these profits were quickly erased by market. Doji candles also indicated that market is strongly rejecting any further gains by that time. 6th of April pair managed to go thru this level but in short time it went back to test it again. It is probable that 200 EMA will come with help and will push pair higher. It is also possible that any further losses will be stopped but this level and pair will come back on bullish trend. It is also possible that pair will move lower that's why I would suggest to wait for some strong signal.
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