I foresee 2 possible scenarios.
Scenario 1: Price bounces of bottom of the trend, makes fake breakout on top of the line and goes in decline, potentially break the lower resistance or simply bounces from support line.
Scenario 2: Price breaks through and finds support where resistance is to continue further growth
Hit like if you find value in the analysis.
Also, give me a follow for your daily XRP trend analysis.
I make them mostly for myself to see if it's still smart to hold my positions or whether it's a better idea for me to (temporarily) let them go.
Make sure to only use the analysis to learn from and to create your own ideas.
Starting soon with some courses in TA to better my skills.
Scenario 1: Price bounces of bottom of the trend, makes fake breakout on top of the line and goes in decline, potentially break the lower resistance or simply bounces from support line.
Scenario 2: Price breaks through and finds support where resistance is to continue further growth
Hit like if you find value in the analysis.
Also, give me a follow for your daily XRP trend analysis.
I make them mostly for myself to see if it's still smart to hold my positions or whether it's a better idea for me to (temporarily) let them go.
Make sure to only use the analysis to learn from and to create your own ideas.
Starting soon with some courses in TA to better my skills.