OBV looking very strong. Immediate support 580-600
Good 4h close above .786 Fib. If it can hold above that we can see 490+
Broke the resistance line and successfully staying above it.
Cup and handle successfully broke upwards and reached previous resistance line as shown in past analysis.
Good buy volume. Bears not able to keep price below 400-405 range.
73 acting as a strong resistance. Next support around 72
2.85 acting as a very strong resistance combined with the Fib. Previous analysis.
Moving in an uptrend channel. Drop doesn't show a significant Volume.
Retraced perfectly upto the trendline and rejected according to the previous idea shown below. Good profit for those who followed. Current drop doesn't show significant volume more likely due to the BTC drop. Have to see if OBV holds or breaks the trendline.
if there is one more strong 4h close above 390 then we may see a move towards 405
Major support at .382 FIb broke. Immediate support and resitances marked.
on the 4h, .382 Fib acting as support. If it breaks we can see a move downwards.
Not much strong rebound after yesterday's dump compared to other coins. 2.65 acting as local resistance.
If it regains 2.8 as support then might see a move towards 2.85. Previously seen multiple LTF rejections at .786 Fib, breaking that is very important to see a move towards 2.9-3