Watching both ways because resistance has held this entire tightening range. Big breakout incoming.
Kommentar:
While Resistance is crystal clear, the fact the we have not rejected in a big way is a good sign for the bulls. With the wind at our back through a BTC move higher, and money rotating into alts pushing those to breakout, this can only squeeze for so long.
Trade ist aktiv:
Go ahead and watch the replay. Keep clicking that play button and watch how many times we retest this level.
8 trades off this level. Super Clear resistance. Not quite the "big" breakout for the alt coin market but this is clearly a weak coin. If, big if, we are to see some upside, a retest of this level after a break through will be a high probability trade.
8 trades off this level. Super Clear resistance. Not quite the "big" breakout for the alt coin market but this is clearly a weak coin. If, big if, we are to see some upside, a retest of this level after a break through will be a high probability trade.