With ease, buyers cured 0.45-0.48 $ with the same ease the sellers returned the price back. However, with the current attempt to grow, there is no such ease:
At the global timeframe, this growth does not give me a nice impetus for volumes, and I doubt that with such volumes on this coin it is possible to break through the global .
In addition to the , sellers control the price range of $ 0.45-0.48. In this price zone is the largest amount of in this coin. That's why for me this is the maximum growth of this coin. Then I expect a rollback.
If we analyze the marginal positions of sellers, it is evident that they totally closed during growth:
Therefore, I assume that such a beautiful growth without special volumes is the stop loss of sellers at market prices.
Globally, this coin is in a new wedge:
Therefore, there is a high probability of continuing the fall to the bottom of the and the price range of 02.7-0.28 $. But first I expect a test of 0.35 and 0.31.
In the wave analysis after the momentum of growth, we have the first wave of the fall and the end of its correction. Next, I'm waiting for another wave of the fall, which is at a price of 0.35 = 0.618 * a, and at a price of 0.315 = a:
Before the fall, the omnipresent growth of up to 0.41-0.42 $.
Depending on the nature of the fall, I will decide if there is a probability that sellers will try 0.315 and the price will go below or not. So far, I am waiting to work out my goals.