Watching the trendline, has broken down. Need to see the next 4h close.
Stock plunged due to the recent FDA news. Has strong support around 10,if that breaks 9,8 comes into play. No signs of reversal yet
Support around 720-730 coinciding with .382 Fib Watching the price action along with the OBV
Price retraced from .382 Fib. Have to see if the trendline holds or breaks
505 and 520 important levels to watch. Would be interesting if 505 is turned into support, rejected multiple times here.
if 480 can break and hold as support then we can see move towards 490-495.
On LTF, 515 is acting as strong support combined with .786Fib. If it can break 545, then 555-570 comes in play.
Broke downtrend line with low volume. Consolidating above,.786 FIb asting as support. If it breaks below,next support 1.02-1.05
Getting rejected at resistance. Successful close above, we can see 560-580. Lot of support around 520-530
550 is acting as a barrier coinciding with .5 Fib 520 has been reclaimed as support. If it ca break 550, then we can see move towards 580-600
OBV looks strong. 60% drop on kraken in 30min. Usually with new coins listing, we see good random moves.
480 is acting as support and next resistance around 520. If it can reclaim that then we can see a move towards 550. Previous Idea.
If it can reclaim MA50 as support then may see a move towards dollar. Next major support around .7 which coincides with MA100 and .236 Fib. Again BTC move is a big factor
Large volume breakout candle last week. Price quickly retraced from the support around 4.2 Supports and resistances marked.
OBV still holding, price has been choppy. Not breaking either sides.
Had a good impulse up from 600 and price successfully closed above 640 (.786 Fib) and continued the movement upwards. At LTF, 705-710 is acting as a good support.
MA20 is providing support, if we see a strong close above it then we can see move towards 1.5-1.6 Next good support around 1.3