Clear area of support and resistance. Still need to still price impulsively rally from this area - but BTC has been misbehaving recently. First target 7$ Second target 12$
Disclaimer: new token, low volume, low liquidity. After the initial listing pump, we have settled into a nice channel and now range as marked. Support at the 13.50-14$ level has shown to be strong. First attempt at channel breakout wasn't clean. Looking to go for it again. Potential bullish engulfing on the daily is printing. Breaking out of the channel,...
- Keeping an eye on GRT here for this potential triangle to play out. - Wave C could reach a bit lower, maybe as low as the S1. - Entered at the 4H bullish divergence. Will add more if we flip this orange resistance. - Target $3.10-$3.35. - Need BTC/ETH to behave.
Previous ATH being retested as support. Long a break of descending resistance.