Price has currently entered into a trading zone which we could try to predict 2 sides according to that it does in the next days or week.
Key zone we are analyzing here: 0.0046 - 0.0042
Bullish if:
Support holds and after a double bottom or inverse h&s, we get confirmation of a breakout from the pattern then we can go long.
Bearish if:
Breaks down the zone then it would go down to the next area which is 0.0034 - 0.0037
Please manage risk accordingly. I'll be updating and following this coin ♥
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Seems like bullish scenerio is playing out by creating a double bottom and flat area so we need to see a break above 0.0052 to confirm bullish bias.
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Double bottom or breakdown wait a bit for confirmation we need more candles formed in daily timeframe either closing fully down support area or coming back to area confirming double bottom and fakeout.
Trade active
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target area which is 0.0034 - 0.0037
Trade closed: target reached
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GG- Successful short trade to target area previously predicted.
jasmy is Bullish is hell, actually I'm bull on it! if SEC bs And so The market let it, it WILL go high hard! many positive- strong divergences and BAT pattern completion, plus fib levels and more!
@Paarham I agree 👍 from this point on it could totally start the bull move up! I'd wait for confirmation though. I'll post my plan soon. Thanks for your sharing 😊🐢