When the price could not break the kumo resistance, also on that date the BTC had a sharp rise affecting all the currencies (mostly the less powerful altcoins) came the collapse before forming the second shoulder.
I see now that the currency is in an consolidation and accumulation area of volume. Let´s be seen how resolves the triangle figure(in my opinion is going up) but has two challenges ahead. To cross that huge future cloud and break the resistance that she formed. The trend is showing signs on that direction, but the volume is necessary and the key to take strength and achieve it.
I see now that the currency is in an consolidation and accumulation area of volume. Let´s be seen how resolves the triangle figure(in my opinion is going up) but has two challenges ahead. To cross that huge future cloud and break the resistance that she formed. The trend is showing signs on that direction, but the volume is necessary and the key to take strength and achieve it.
Greetings and thanks four your time