Time frame - Daily
This coin is uber hyped.
It keeps you waiting because of it's small movements.
You think it's going sideways but it's really going down slowly.
So the indicators are saying that:
Good luck!
This coin is uber hyped.
It keeps you waiting because of it's small movements.
You think it's going sideways but it's really going down slowly.
So the indicators are saying that:
- Price failed to break through above the 20 period moving average. (Yellow line)
- Which indicates either going down or consolidate sideways.
- In this case, it's still consolidating sideways and it's immediate support is the open price 630 satoshis of the big phat green candle on the left.
- Ideal entry is when the price closes above the 20 period moving average.
- Or when it goes down the support, wait for it to come to the buying area.
Good luck!