AZERO/USDT LONG SCENARIO
Area between 'A' and 'B' can be considered a strong resistance due to following reasons
- There are lots of coins previously exchanged hands in the range between 'A' and 'B' (see circled areas) and same investors are potentially closing their loosing longs to break even
- We have seen strong price rejection from 'B'
If price is able to consolidate above 'B' or break above 'B' with significant volume we should see a leg up to 'C'.
- There are lots of coins previously exchanged hands in the range between 'A' and 'B' (see circled areas) and same investors are potentially closing their loosing longs to break even
- We have seen strong price rejection from 'B'
If price is able to consolidate above 'B' or break above 'B' with significant volume we should see a leg up to 'C'.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.