First of all take a look at day chart with side volume bars. You can see a big gap which means minimum resistance in this area. Surely it was caused by BTC fall and many coins have the same picture but keep it in mind.
SR line at 376 is based on month chart. Note the volume when it was broken. Now all that power is in support. Adds confidence in it =)
I'll be collecting profits all the way up but my main target is ~500-515 - another month SR zone.
Good luck with your trades! Push like to help promote the ideas.
SR line at 376 is based on month chart. Note the volume when it was broken. Now all that power is in support. Adds confidence in it =)
I'll be collecting profits all the way up but my main target is ~500-515 - another month SR zone.
Good luck with your trades! Push like to help promote the ideas.
Comentarios:
Moved lower small trendline according to day chart. That is safer. So we may actually expect a small dip before bullish continuation.
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