Pretty Good react.. May be the future could be a glory.. Grade C+ Market Opportunity : 7.0 Ecosystem Structure : 5.0 Core Team: 7.5 Token Economics : 6.0 Token Performance : 5.0 Roadmap Progress: 5.0 Market Cap : $1,915,811,015
with in detail in last bear swing we had good reversal bar but it is bear bar and more over the shadow leads exhaustion ,we had good bull bar but bad follow-through there might be a bear leg down till demand area with in breaking the trend line it could be good setup to buy.. we should remember the probability is more important..
bears has achieved their goals measured gap down. there is possibility to have 3rd leg down but if demand area could hold the price there is good chance a rally could begin. 50% of gap is important in support area and we should pay attention time to stay candles in area which is important for continuing ..
zones has updated there is possible to be printed one leg and swing in range need to be more clear to trend to start..
Target has mentioned demand zone has act well.
one more probability due to the open gap which bulls cant close that gap there is possibility for bears take one more measured move . gray box relate for daily TF for open gap . odds for bears close that gap if bulls can not control the supply zone.
If the price be able to break the trigger line which is related to H2 TF H4 demand zone would be possible are for buy but we should noticed that this movement from highest high has been crossed about 80% of weekly time frame ATR .
price has been engulfing with in nearly 80% of avg ATR there is possibility price could be balanced in lower prices if this level rejected or bounced by supply level. daily supply level could be area we might look for buy.. Cardano has amazing projects . I respect Charles Hoskinson for his being genius.
in classic technical view there is an if the price could broke the trend line from daily TF Demand levels with nested area would be accessible .. Loom has good project for future.
as we experienced price as broke the highest high and a retracement to the nested area of demand zone . there is an area from weekly TF that may support the price with in ATR range . if the price could hold the zone from H4 it is possible to move more in higher prices ENJ has good team.
Price Broke the highest price measured movement could be reachable if the area from H1 and H4 could act we to hold the price
NBS has reacted well on the levels mentioned . it has an update for the last forecast..
price has reached measured movement level . we may have face with a little price range there is 60% chance in it . dashed lines are possible strike point price could react on them.
still we need measured move movement. in lower time frames levels need optimized by base movements and supply and demand zones . but we see same patterns same behaviors in breaking out levels