POPCAT is testing the trend resistance.
The counter-trend growth is stopped by the descending resistance. Bears are not ready to give up. A false breakout is formed against 0.2143 and downtrend resistance
Scenario: false breakout of resistance and correction or continuation of the trend.
Consolidation below 0.2143 (or below the downtrend line) will be the entry point.
The counter-trend growth is stopped by the descending resistance. Bears are not ready to give up. A false breakout is formed against 0.2143 and downtrend resistance
Scenario: false breakout of resistance and correction or continuation of the trend.
Consolidation below 0.2143 (or below the downtrend line) will be the entry point.
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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.
❤️ Telegram channel: t.me/AndeWave
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.