We are currently in the main resistance zone since we broke the 6k, that goes from 4.2K till 2.9K. Price is holding well after the tremendous dump, we could see a last drop to 2.9K to trap some more shorts down there, but after that we should see a bounce to 5.4k$ zone to take all the liquidity acumulated up there. And once liquidity is taken, my main idea is that...
Testnet launch of the decentralized storage and web hosting solution planned for this Q4, incredible undervalued project ahead of any competitor in development. If roadmap is achived this will skyrocket hard so I will not miss the chance, and spread some buys from 7k to 4k.
Following my last chart and after the breakout upwards, this is the main scenario im expecting. Retest and pullback to the broken trendline of the triangle, rejection and a last big fall to the 4-4.5K zone for a final capitulation, giving a perfect buying chance at that zone.
Inverse chart looks pretty clear imo, ascending triangle almost ready for a big breakout. Which direction will go? according to TA basics this should break upwards, but will see.
