spaceusdt trading opportunitySPACEUSDT initially formed a rising wedge upon listing, which broke down as the price trended downward until reaching $0.645 a potential temporary bottom, confirmed by a double bottom pattern signaling reversal. This level is expected to hold, with immediate resistance at $2.1. A break above $2.1 could open significant upside potential.
SPACEUSDT trade ideas
SPACE medium term planTrading in a range between range high at 18 and 12-10 as range lows, 2 scenarios:
is that we get one or more stabs into demand 10-12 area and we go for the liquidity at range highs 18 where we either go for higher targets or dump back down (depends very much on BTC and overall crypto env.) - green scenario
or we get lower and tap into demand area around 8-7$ where I think there is enough demand to make a longer term low - blue scenario
in case we get green than red scenario would be more probable than if we get blue, case in which red scenario would be lower chance