Secondary trend. Logarithmic graph. Time frame 3 days. Reversal zone.
Mirror resistance zone (former long-term support). There may be a significant rollback from it, or at least a stop and consolidation in this zone, provided that the secondary downtrend (price movement direction) is broken (purple line).
From the highs of this secondary trend, the price fell by exactly -93% to the level of 0.93. An interesting coincidence, isn't it?
Local trend. Logarithmic graph. Time frame 1 day. Reversal zone. Percentage of key zones.
Mirrored resistance zones are shown in grey. There may be a significant rollback from them, or at least a stop and consolidation in these zones. Trend lines (price movement directions) are shown on the chart, their importance and strength (long-term in time) are highlighted in the appropriate color.
From the highs of this secondary trend, the price fell by exactly -93% to the level of 0.93. At the moment, the price is entering the first resistance zone , which, in case of fixing in it, can become a "launching pad for a strong impulse (mirror structure).
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Price is still in a horizontal channel of 317 days with increments of 120%. The price is $1.1813 at the moment.
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Pay attention to this cryptocurrency. Showed local price movements from this zone of the horizontal channel. Remember, any price in the accumulation zone is acceptable. Before a local decline, the purchase seems expensive, but after a while in the distribution zone it seems very successful and cheap.
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Local reversal zone. Important mirror resistance level (former support) marked in yellow color. Percentages from the reversal zone to key local support/resistance levels are shown for clarity and general picture.
Well done!