Weekly level must hold for trend progresson. High Trend Line will be challengfed ; if broken, attempts at hourly, then daily and finally monthly levels. Support must be found for move up. If weekly level fails, then expect drop to lower wedge line, this point wold be considered the safest buyzone.
BRD approaching important junction, must hold level to break out. Purchase at the moment considered Risky as move could reject and see a drop to the lower monthly level. However, if move gains traction, we could see it push up to test higher levels.
BRD has been experiencing increasingly higher lows. If this continues, the wedge looks set to break and BRD can hopefully find new support on the monthly level. BUYZONE is safest purchase, but price may not drop that low again, in which case use the low trend line to dictate buy zone. SELLZONE has been consistent which could provide a tough resistance to break to...
Follow the chart indicators. Previous wedge was broken followed by fast and momentous run upward, levels were rejected and the price closed. Price attempted to break the level again but was rejected for the second time, causing a downward movement. This move has caused another wedge, which is showing signs of a break-out. Target monthly level.
Daily support was confirmed, looks to have found that level again. It appears to have entered accumulation which once volume volume is exhausted should mean a move upward. This will test a monthly established level, as well as large wedge. If it rejects this move, it is unclear whether the daily support level would hold for a third time. Hopefully, it can break...
Huge wedge looks to be respected and tested on its next move. If broken expect a large uptrend. If it rejects, it will look to find support at the lower level, following the rising swing-low trend line in line with the wedge.
A long term wedge looks to break sideways, expect upward trend. First touch will most likely reject the level, sell at that point and buy back lower, second attempt will look to gain that support. After which it will target the next level. If it fails again we could see it return to the established support in the current channels.
IOST has found support at 184 level and this has been tested multiple times. It looks to move up toward the monthly level at which it will test and most likely reject. After a brief correction it should attempt a move again, this time looking to garner support that wasn't found on first touch.
VeCHain looks to have bottomed out after testing the level at 158 twice and finding support both times. This should make a steady bedrock for accumulation to begin, moving out of the two wedges and then looking to find support at previously established levels.
Downward trend seems to have reversed and has been steadily accumulating since. Long term wedge looks to be broke, but prior to that the short term wedge looks to be broken in the coming days. Will find lots of resistance, but if it manages to gain new support levels it should provide a platform to move into the long term upward trend.