I think the most important support zone now is the zone formed SMA 200 and 5000.00 level. If the price bounce from it, can be the beginning of a new upward movement. RSI is in the oversold zone and it is coming to confirm price reversal. I think it's time for BUY. If so, buying from the current levels seems a good investing for LONG TERM.
Good entry its SMA 200 (6.2k - 6.5k)
1st support - 6k
2nd support - (5.5k - 4.8k area)
short and mid Targets (resistances)
T1 - 8.5k
T2 - 10k
T3 - 11k
T4 - 12.7k
also SEC conference bring us some good news! lets hope for a good reversal from this point!
t.me/cryptoricksignals
Good entry its SMA 200 (6.2k - 6.5k)
1st support - 6k
2nd support - (5.5k - 4.8k area)
short and mid Targets (resistances)
T1 - 8.5k
T2 - 10k
T3 - 11k
T4 - 12.7k
also SEC conference bring us some good news! lets hope for a good reversal from this point!
t.me/cryptoricksignals
Note
T1 doneT2 done
T3 done
Note
Follow me here t.me/cryptoricksignals
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.