Price broke throguht down trend line but it is currently at a previous support that should act as a resistance now.
Most likely price action would be to visit back ATL at 0,1 USDT. Shorts would get confirmation of this target if price fell below 0,145 USDT.
If 0,145 USDT stands and price manages to break the current resistance level, expect a retest of the area between 0,217 and 0,196 USDT with a target bewtween 0,33 and 0,38 USDT.
Most likely price action would be to visit back ATL at 0,1 USDT. Shorts would get confirmation of this target if price fell below 0,145 USDT.
If 0,145 USDT stands and price manages to break the current resistance level, expect a retest of the area between 0,217 and 0,196 USDT with a target bewtween 0,33 and 0,38 USDT.
Comment:
So far, things to be heading south, towards ATL. Still, price did not lose key level of 0,145 so bullish scenario still up.
Comment:
Price action looks bearish once price has been unable to stay above 0,2196 USDT level. A dip below 0,15 would activate the bearish scenario. Targets aroung 0,1 USDT level.
Trade closed: target reached:
Lower target reached