Is it just my imagination or is the coin on the move again. Around April 11th it made a nice move up and then around the middle of May consolidated and dropped into what we have a Demand zone. Even though we are below the 200 EMA, price so far has not broken it's recent low. Keep your eyes on the next few candles and the trendline, we need a bullish candle above the Demand Zone for recovery.
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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.