The main levels:
0.36777 - strong resistance.
0.31554 - local resistance, which was tested at the beginning of 2019 and more seriously in July, after there was a test in September and November. The level can be considered strong, when it is broken through there will most likely be a powerful impulse. But it can once again fight off him.
0.28558 - local support, which actively showed itself at the beginning of 2019. Most likely, during the breakdown and consolidation, we will go to 0.31679.
0.24877 - A global support that has been successfully broken. We will talk about him in the description.
0.21378 - local support, under which many feet had. Now we are successfully picking them up.
0.20102 - a new low and possible support.
The action plan is as follows:
Now we are successfully picking up stops from the level of 0.21378, after which we do not know where to stop before, but there is a thought, since at least it was updated on 0.20102.
The level of 0.24877 was the global support that broke through, nevertheless, we will leave the level. Since there was tremendous growth from him (even better said from zone 0.24724-0.27707).
Therefore, it is worth waiting that if we fix above 0.21378 and break through the trend (orange), we will retest to 0.24877, ideally, here we will gain a foothold above the level, after which growth is likely to continue. But we can also build on it, after which there will most likely be a small consolidation.
When a trend breaks, there will be my favorite pattern with a pullback, a bullish trend, a pullback. On breaking through the trend, it’s worth thinking about buying and then working before the MACs, and then observing the situation.
The indicators show the following:
-SSI is unloaded, getting ready to break through the level of -100, which hints at a small increase.
-MASKs move down according to all the rules, which shows a downtrend + to this, we really have a downtrend, since the new minimum is lower than the previous one. Therefore, we should expect a retest to the corridor (approximately at 0.24877, but possibly lower), after which if there is no bright support, then we will go back to the rollback.
Altogether, in the coming days it is ideal to see a retest, but if you can’t go higher, then there will be a further continuation down to what level it is difficult to say, since the bottom is empty. The only thing that can stop it is 0.20102 (today is the new MINIMUM Ripla).
Level 0.20102 - the minimum possible coin by the end of 2019.