After a strong run up, price has retraced and settled on strong support around a psychological support and also the POC @ $0.10.
There has since been a short term trendline which is now being broken - once this current 4H candle closes, then a break in trend will be confirmed.
You can guess what happens from here if the rest of the market, more specifically BTC has a stable recovery up-trend.
There are 4 key support levels below current price seen as spikes on the volume profile.
There has since been a short term trendline which is now being broken - once this current 4H candle closes, then a break in trend will be confirmed.
You can guess what happens from here if the rest of the market, more specifically BTC has a stable recovery up-trend.
There are 4 key support levels below current price seen as spikes on the volume profile.
Comment:
Comment:
BTC falling back to recent lows and pulling the rest of the market with it.
ZIL falling back .10 which should serve as some decent support again. Im expecting it to hold here, but time will tell.
ZIL falling back .10 which should serve as some decent support again. Im expecting it to hold here, but time will tell.
Comment:
Daily close above support line.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
