Hello everybody
According to the chart you can see the price is moving exactly in range channel and the its impacted to the level of the channel.
After the price broke the midline of channel and exactly pullback to it in lower time frame the price is ready to drop more and we expect that is ready to support in support zone area and from there can move upwards toward to the above of the channel .
If the price can not hold and support and that level the price can drop more to reach to the bottom of the channel.
The best strategy in this coin is to buy in 2 step: first step buy at the yellow box (support) level and if the price drop more to reach to the bottom of the channel you can buy another step of your portfolio .
Buy in 2 step in these coin is the best strategy that can reduce average purchase and you can take nice profit from the market.
Good Luck
Abtin
Previous analysis :
According to the chart you can see the price is moving exactly in range channel and the its impacted to the level of the channel.
After the price broke the midline of channel and exactly pullback to it in lower time frame the price is ready to drop more and we expect that is ready to support in support zone area and from there can move upwards toward to the above of the channel .
If the price can not hold and support and that level the price can drop more to reach to the bottom of the channel.
The best strategy in this coin is to buy in 2 step: first step buy at the yellow box (support) level and if the price drop more to reach to the bottom of the channel you can buy another step of your portfolio .
Buy in 2 step in these coin is the best strategy that can reduce average purchase and you can take nice profit from the market.
Good Luck
Abtin
Previous analysis :
