standard analysis with support and resistance. bearish continuation is being observed with some decent gains for the everyday traders. I'm not trading this token at the moment. This was a special post request. Hope it helps. This is not financial advice. Quick observation of current events that could potentially happen.
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oversold some current levels of support being tested doesn't look good at the moment just wait and see if i was trading i would put a stop loss at 4.60 to bridge the cap with and limit risk exposure to further liquidation
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brokeout early and hit the 4.00 low price target. rally formed rapidly and resistance was at 18.00. oversold a little from my forcast but nobody is perfect lol. profit taking in the market and the bearish sentiment i am seeing suggest the market price could trade between a range before breaking down again. all i can say is watch and trade with caution. another repeat of the past could bring the market price back down to the low again around 4.00 to 5.00
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when i play this chart it looks like manipulation giving me the middle finger LMAO prediction is close enough thanks for the supportive finger LMAO
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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.