Eithr breakout and close above the red dotted line cound indicate trend reversal...
or than another pull back towards orange line for trend reversal.
If not...well than it will be a mess :D
enjoy
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Opened long position @ 0.00048272... somehow I have good feeling about it.. If it droops more down I will open up another once it reached next marked buy zone zone.
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Holding in the break out zone...Also nice volume coming in also 8 wicks ago including last...this couold mean something positive.
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Like planned... Approaching the lower buy zone. If it can bounce from the channel (bottom orange line) we could have reversal because it has tried already to reverse the down trend.
If it drops bellow channel... than it might test the historical resistance/support line (Black line)
Like planned... Approaching the lower buy zone. If it can bounce from the channel (bottom orange line) we could have reversal because it has tried already to reverse the down trend.
If it drops bellow channel... than it might test the historical resistance/support line (Black line)
If it drops bellow channel... than it might test the historical resistance/support line (Black line)