For the second month, the price moved in a descending channel. Now it is on support, a bounce up is possible
The price is decreasing within the descending trading range, but at the moment at the support level. While it is better to be in the old days, not to make decisions about entering trades
Good option for a short trade to support level 0.002
The price has broken through the support level and is fixed in this zone in the form of a flag - a continuation pattern
The price is falling within the descending trading range. Consider trades for a fall from the upper border of the range
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I think the price will move sideways and after that the pump will start
According to this maneuver, a clear picture emerges - the trend line was broken and the price fixed behind it. Pennant is a trend continuation pattern.
The price is near the resistance zone and cannot fix behind it. A flag is a continuation pattern followed by a continuation of the downtrend.
The end of the downtrend at the support level, I expect a correction to the trend line with subsequent consolidation on this line and, subject to the general market strength, a movement to $ 280
It seems to me that this altcoin should cost more, comparing it to BNB, which grew by 5000% in its ICO
As for me, BTC will be corrected, followed by all other altcoins.
BNB gives double signal from chart patterns for a fall. Goal - $ 500
1) The price may roll back to the support zone, from where it will go to the upper border of the flag and with a further historical maximum; 2) The price will break the flag upward, with a slight pullback, or immediately go to a new maximum;
The price is in consolidation on the "island", the last "island" formed a flag and broke out with a gap upward, I expect a repeat of the trading situation.
the price reached support. Two scenarios are possible here. after such a fall, it is easier to expect a breakout. What do you think?
the price drops dramatically. movement below the support can be expected. But don't risk it too much.