At first, I wanna say that latest bottoming was predictable even before a month it happened. From the TA perspective, to convince more people that this coin is growing and will grow during the end of this year, continuing straight into the next 2022 and further, price should battle 1.5 resistance level after which it will find support on it and continue to jump up...
Hello traders! This is a visualization of what you could, quite positively, expect. I believe that after breaking and stiffening 1.5 level, price is doomed to develop upwardly following the trendline. Thank you!
On the monthly timeframe the trendlines are clearly foretelling a potential upward move. But if those break, there is nothing stopping price from falling down to 0.389 support.
Price is locally supported by 52920 level and coming close to an established trendline. Also this situation is similar to previous one 41950 level. Major support area ranging between 29278-19798.68 levels.
Hello trading community, this chart represents next possible swing up, following previous one below. Yellow-dashed trendline has a tendency of acting like support for the candles, touching which, eventually, price goes up (the white-dashed one is just updated one to match 1.496 level). Level 0.090 was a bouncing point for the price in the past, so that event could...