Looking at the current price action, we can see a cone pattern similar to what we've been seeing in a few other coins on the 1D.
Price is approaching the lower zone of the TL which is also round a 50% retracement from 2nd touch on the bottom to the first ATH wick. The price floor sits around 61%.
Given the trend of these patterns I will expect another impulse up.
Stops can be set under 50%
Price is approaching the lower zone of the TL which is also round a 50% retracement from 2nd touch on the bottom to the first ATH wick. The price floor sits around 61%.
Given the trend of these patterns I will expect another impulse up.
Stops can be set under 50%
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