The retest of the bottom forms a strong enough medium-term reversal pattern - double bottom. A buyer appears on the market, which is generally seen in candlestick patterns and price movement on the background of volume growth. The price breaks the resistance of 99.3 and enters the local range where it can form consolidation. There is a high probability of catching a retest of support before further breaking 110.0 and rising to the previously mentioned targets.
Support levels: 99.32, 89.75
Resistance levels: 110.0, 126
Technically, the coin has an interesting potential, the realization of which may continue with the breakout of 110.0.
Regards R. Linda!
Trade active
Price is testing one of the key resistance levelsTrade active
Classy realization of resistance breakdown. The coin continues its rally to the specified targets
Trade closed: target reached
Trade active
A correction to support is possible. We follow the coin and the market reaction to these or those reversal zones. There is a probability of growth continuationTrade active
The coin still looks stronger than the market and may continue its growth if it consolidates above 126.0🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.
🌹TRADING is a CASINO💔!?
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.