Blue lines are monthly support levels back from 2014.
Red lines psychologic support levels.
Grey resistance orderblocks/targets.
Green support orderblocks/targets.
Holding black major support trendline.
Breaking dotted smaller falling wedges.
Seen a big spike on Bittrex 2 days ago. Maybe for manipultation or buy-in for trendreversal. Not sure.
Still in a downtrend towards 100 Sat making HL and LL. (Higher lows and Lower lows). Waiting for the patern to break, meanwhile swingtrades are possible. Especially from major downtrendline price keeps bouncing.
Red lines psychologic support levels.
Grey resistance orderblocks/targets.
Green support orderblocks/targets.
Holding black major support trendline.
Breaking dotted smaller falling wedges.
Seen a big spike on Bittrex 2 days ago. Maybe for manipultation or buy-in for trendreversal. Not sure.
Still in a downtrend towards 100 Sat making HL and LL. (Higher lows and Lower lows). Waiting for the patern to break, meanwhile swingtrades are possible. Especially from major downtrendline price keeps bouncing.