The 1-week liquidation heatmap revealed that there was a chance of a price retracement to the $0.45-$0.47 zone. This may be the closest magnetic zone of a considerable size.
It coincided with the resistance from February. A retest of the former supply zone may be coming, as demand would offer a good buying opportunity. Finally, investors should be aware of potential volatility around Bitcoin [BTC].
The Awesome Oscillator showed hefty bullish momentum too. The 1-day market structure was firmly bullish as well. At press time, the altcoin seemed no longer constrained by the $0.5 resistance.
Its repeated meandering between $0.5 and $0.25 since April highlighted a range formation and a consolidation phase. This has since given way to a bullish trend on the charts.
#Check In Daily, Win Prizes Daily — Join the Fun!#Claim1,200 USDT in the Monthly Creation Challenge#Focus on NFT
全部评论0最新最热
暂无记录