Hey guys! Hope you guys are doing well today!
⚡️I know we usually get these daily analysis' in a bit earlier though as I've told you guys already, I'm dealing with a new job that's overnight shift so I'll sometimes just get home and go to sleep at 7am then wake up later, thus I'm now awake and ready to let you guys know! So thank you for your patience and let's dive in! So if I haven't posted for the day don't fret, I'm likely just sleeping or dealing with a busy day, thank you!
⚡️As for right now there isn't much to really say, I forewarned you guys about watching those 15 minute EMA's for our potential mountain fall which has occurred once those EMA's flipped in the morning which sent us from that 0.37 mark down to 0.355 where we're at right now.
⚡️I've added a new support line in at 0.35 which will be that make or break it line now for the crypto. If we fall or move below that we could see a pretty big fall unless some strong buyers/Market makers kick in. Anyway following that mountain fall we can see that 0.37 is roughly that new resistance point for us so come our next trip back up to 0.37 just remember the resistance. Following the mountain fall our EMA's are spreading apart from each other and forming lower lows having us bearish right now on the day.
⚡️As for what to do next or look at, basically watch those candles and see if we manage to stick above 0.35 first of all since you can clearly see how that strong buy pressure kicks in at that point. If it doesn't kick in then we'll fall for sure, how far? I can't say but our HTF levels have yet to show anything here being as we essentially just arrived at this level so within a day or two we should have some HTF levels show up and that'll be nice to gauge our price pockets.
Gonna leave the idea here but watch that 15 minute EMA again, I can't emphasize that enough and for those of you already with me, you understand exactly what I mean. Thank you guys for tuning in as always again and if you'd like to leave a like or follow it'd be much appreciated. Thank you!
~ Rock
⚡️I know we usually get these daily analysis' in a bit earlier though as I've told you guys already, I'm dealing with a new job that's overnight shift so I'll sometimes just get home and go to sleep at 7am then wake up later, thus I'm now awake and ready to let you guys know! So thank you for your patience and let's dive in! So if I haven't posted for the day don't fret, I'm likely just sleeping or dealing with a busy day, thank you!
⚡️As for right now there isn't much to really say, I forewarned you guys about watching those 15 minute EMA's for our potential mountain fall which has occurred once those EMA's flipped in the morning which sent us from that 0.37 mark down to 0.355 where we're at right now.
⚡️I've added a new support line in at 0.35 which will be that make or break it line now for the crypto. If we fall or move below that we could see a pretty big fall unless some strong buyers/Market makers kick in. Anyway following that mountain fall we can see that 0.37 is roughly that new resistance point for us so come our next trip back up to 0.37 just remember the resistance. Following the mountain fall our EMA's are spreading apart from each other and forming lower lows having us bearish right now on the day.
⚡️As for what to do next or look at, basically watch those candles and see if we manage to stick above 0.35 first of all since you can clearly see how that strong buy pressure kicks in at that point. If it doesn't kick in then we'll fall for sure, how far? I can't say but our HTF levels have yet to show anything here being as we essentially just arrived at this level so within a day or two we should have some HTF levels show up and that'll be nice to gauge our price pockets.
Gonna leave the idea here but watch that 15 minute EMA again, I can't emphasize that enough and for those of you already with me, you understand exactly what I mean. Thank you guys for tuning in as always again and if you'd like to leave a like or follow it'd be much appreciated. Thank you!
~ Rock
