IOS, scenario and targets
So, in March 2018 we pricked the potential bottom, then in September we started to test it and fell down. We found a new one and created an accumulation zone, then the token started to grew up.
We formed a consolidation zone from the top, which is a resistance zone now. (Last Bottom).
The token will be attractive for investment if the price will realize the "up to bottom" test of the middle line. (Last Bottom).
The nearest goal for the upward movement will be the last high, located at 247 (Local High).
If the pressure of buyers does not go away, then after correction from this level, you can wait the price to reach the violet zone (Main Resistance).
We are seeing a test of the last consolidation zone now, unfortunately from the bottom, which is not the best.
The positive side - we went beyond level 153, and confirmed it as a support.
We formed a consolidation zone from the top, which is a resistance zone now. (Last Bottom).
The token will be attractive for investment if the price will realize the "up to bottom" test of the middle line. (Last Bottom).
The nearest goal for the upward movement will be the last high, located at 247 (Local High).
If the pressure of buyers does not go away, then after correction from this level, you can wait the price to reach the violet zone (Main Resistance).
We are seeing a test of the last consolidation zone now, unfortunately from the bottom, which is not the best.
The positive side - we went beyond level 153, and confirmed it as a support.
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.