Long term support trendline remains intact from COINBASE listing around Aug 2021.
Latest bounce at mid to upper 0.8 price level on 1D chart with MACD slowly trending up since 12/2021. MACD close to crossover again with trajectory likely going above zero line soon if uptrend continues and probable pump in price action. Resistance at 0.15 and 0.18 next.
Will follow.
Good luck traders!
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Just like Johnny Cash... I walk the LINE.
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Humpty dumpty!!!! Back to the future.........No volume and no momentum. IOTX missed the boat.
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Nasty bearish market! Broke long term support trendline.
@Deki32, Honestly do not know right now. Looks to me that a lot of ALTs are accumulating right now and the weekly/monthly charts are looking like they are starting to turn around. There are just too many unpredictable variables still including BTC price action, BTCD, and world events that make any prediction just pure guess work (more than normal... LOL). I would not be surprised of a decent pump in ATLs in the near future, esp if BTCD drops to 38 level again or on the flip side, a short drop in price action across the board to test recent bottom support levels. Will publish when I see anything on the horizon. Thanks for the interest and good luck with your trades.
Deki32
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@Ambassadorj, thank you, somehow I believe this year we will see new ATHs, at least with ALTs. I think people will buy crypto in this crisis.