TARA USDT - big falling wedge

16 janv. 2022

Last 70 days TARA created this big falling wedge. Last 2 weeks 200 daily sma acted as strong support. If this 200sma continues to support TARA, we could see a squeeze between it and this descending trend line. The first test for TARA bulls is resistance at 0.0118. If bulls lose 200sma support we could look for a possible bounce up from the next support level at 0.00694. Last big run-up TARA did almost 9x so it's worth putting this one on our watchlist. I will publish and the short-term chart also. Stay safe and good luck traders