Technically, we are still in a Bullish trend!
However a powerful resistance area has obviously tested many times!
I believe It will break the resistance and goes higher but it's just a prediction!
If just like me, you bought the coin around 5$ hold it! if it breaks the trend line down sell it and if it breaks the resistance area then hold it to the next...
Hello my friends. Everything is clear on the chart for you like always, So keep your eyes on it. If the price maintains its supports, the baseband, trend line and fib 0.61, I expect go up to reach the target. Good luck.
If its useful like it as a support please and follow me for next analysis :)
Right now I am eying the decission about the 3.64 USDT-support/resistance, get rejected we can go to 3.87 and further towards 4.40 USDT.
Otherwise its probable that the downtrend will lead us to 2.6-2.9 USDT-area which should then be a strong support and change the trend - we will have a new analysis then.