The plan here is to long the first retest of support at around 376 sats.
I'm hoping that the support level where price is currently will fail for a nice opportunity to long the next level under.
TP is at what i think is the next closest strong resistance.
All ive used here is simple horizontal support and resistance lines, lets see how this goes.
Analysis:
Correction ended back in mid August. Accumulation nearing final phase. Cup and handle pattern could play out though I do not think its very likely. I assume we will dip again and retest the next support level - which will be our entry...
Entry Point:
We are waiting to see if price will continue to drop and retest the lower support. Looking to go long...