It has left the descending channel in the daily time and is currently moving in a corner pattern, which can continue its growth with a pullback to the area of 19 cents in the weekly time until the neckline.
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It is moving according to the route drawn in time D1. Currently, with support at 0.2440, a target of 0.3170 will be available. But in the weekly time, the most important resistance is the range of 0.39, which after breaking 0.3170 will have the ability to grow up to the indicated range.
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According to the movement path, it has experienced more than 105% growth after the break of the descending channel and in a corner pattern after the break.
Do you have comment that what happen btc? Ksm is about the break sup area because of it :/
alikze
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@ChiefDon, Several factors have determined this sales pressure. In the resistance range of Bitcoin, the dollar index is at the bottom of a bullish candlestick. The Total 2 index has broken the supply range. This selling pressure can be a pullback to the broken area. You should check all these in their own charts.