Above the level of 0.1551, near the wedge resistance, a pre-break consolidation is formed. Today we see the realization of the accumulation and the price breaks the resistance of the figure. This is quite a strong signal that a trend change attempt and a strong momentum may form.
The entire market has been in a freeze lately amid fundamental circumstances, one of which is the SEC claims against major cryptocurrency exchanges.
Support levels: 0.1551, the previously broken wedge boundary
Resistance levels: 0.1663, 0.1933
The bulls are trying to take the situation into their own hands, but resistance at 0.1663 separates us from a strong growth. If the buyers will manage to overcome this area, then the market can show active strengthening to 0.2340.
Regards R.Linda!
הערה:
False breakout of the resistance at 0.1663, after which another retest is formed. The coin prepares to grow further
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