We broke an important support line.
Which now indicates that we just changed channels and if that is true.
You have to wait, till the price touches the next support line in a descending channel.
You can also try to slowly accumulate this coin if you believe in it starting from 127% and 114% fib prices.
But we aware, that this a very volatile coin, and it is unclear if it was valued correctly originally - when it did spike.
Be tight in your stop losses.
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
Thank you,
Ajion
Which now indicates that we just changed channels and if that is true.
You have to wait, till the price touches the next support line in a descending channel.
You can also try to slowly accumulate this coin if you believe in it starting from 127% and 114% fib prices.
But we aware, that this a very volatile coin, and it is unclear if it was valued correctly originally - when it did spike.
Be tight in your stop losses.
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
Thank you,
Ajion
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org