BINANCE:CNDBTC   Cindicator / Bitcoin
CNDBTC            
The price move into descending channel .
If it close over 0.00002200 level, It will break the descending channel to close the gap at 0.00002275 level then the second gap at 0.00002401 level.
If it fail to close over 0.00002200 level, It will go to test the previous support at 0.00002000 level.
Trade ist aktiv: The first gap closed and the price rebounded from 0.00002300 resistance level to test the channel and 38% Fibonacci level.
Kommentar: The price test the broken channel and bounces from it to 0.00002264 levels but break it down to close the previous gap at 0.00002094 level, then it will go to test the 0.00002200 level again and the broken uptrend.
Kommentar: The price bounces from the support level at 0.00001995 near the bottom of the channel, but there is a fresh gap that leads to think it may be closed before bounce up to test the broken support ' resistance ' at 0.00002148
Kommentar: The second gap closed and the price broke the downtrend and close over it, its time to set a new point on new trend then go to next resistance.


New gap, short uptrend .. Watch
Kommentar: The short uptrend work good and the price bounces from it many times, but finally the price broke the trend to close the gap.
There is a new gap marked in the chart at 0.00002340 level.
The short uptrend work good and the price bounces from it many times, but finally the price broke the trend to close the gap.
There is a new gap marked in the chart at 0.00002340 level.
Antworten
The second gap closed and the price broke the downtrend and close over it, its time to set a new point on new trend then go to next resistance.
Antworten
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