Pond in ascending triangle, 3 times already was rejected from 0.169, and now lies on support trendline formed with this amazing run-up. Level 0.145 seems to be the local bottom and if it's lost we could open a short position. If the price breaks this significant resistance by 0.169 we could open a long position. Good luck traders
@kriptolaneti, It could be... I don't really like to predict direction, just chasing opportunities for low-risk entry in both directions, long or short, it's all same to me... Thanks for your comment mate... good luck
kriptolaneti
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@PhilosophersStone, thanks for your analysis. 0.124, 0.117, 0.111, 0.105, 0.100, 0.95, are these the targets for a short position?
PhilosophersStone
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@kriptolaneti, yes, but you should watch indicators, to get an idea of how low it will go... I am not in this trade, so I don't watch it closely... Good luck