The price may return to the range of 29.0 - 43.0.
On D1, a pre-breakout setup is forming regarding the 29.2-29.45 area. If the price can consolidate above this area, then further traders will open bullish potential, the target of which could be a rise towards resistance (intra-range movement). The coin looks green in the red market and it means that someone is interested in it (big player). On the overall negative fundamental background there is a risk that the coin will go down, but for now I am looking out for further upside.
*The long scenario will be broken if the price closes below yesterday's opening.
Resistance levels: 33.62, 43.4
Support levels: 29.21, 29.85
The potential is there. It can be realized if the bulls hold the defense above the key support area.
Regards R. Linda!
Trade aktif:
Komentar:
Consolidation is forming above 29.21
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NO‼️
You❗️CAN and ❗️SHOULD make money in trading!
Join me, I'll guide you to PROFITABLE TRADING💵!
🟢Free Telegram Channel:
t.me/RLindaTrade
🔴Contact:
t.me/RLindaSignals
🧿Web: rlinda.com