Support: ~6400 and ~6000
Resistance: 7200 and 7500
Cloud signals: Currently we are testing the support line of ~6400 sats. This is indicated by the Chikou Span (yellow) and previous price action. If we do not hold here, we are likely to retest the ~6000 level of support. This support is given by the Chikou span, the Kijun Sen...
I really doubt we will see any significant price movement until April or May. I believe we will stay in this support zone until overall market sentiment changes.
The RSI on the daily is giving oversold signs so we could see some retest of ~.26 levels in the near future.
We also could always go lower but I think we would need something really bad to bring us...
Disclaimer: This is my first published idea so please leave any advice below.
There have been numerous bull signs, volume*, consolidating for ages, kumo twist (small but there), as well as news Callisto airdrop and overall development updates.
Volume has been increasing the last few months. Relative to the last few days it has been decreasing which suggests a...