Hey, so from where we stand this is looking promising.
It sure is a lot easier to go long now, than say short at this levels.
We got some volume vacuum, so price can;t really stay here for too long unless we go for range trading or side action for awhile before we get out the descending channel.
it appears that 1-5 wave is also closing to an end and we might be looking for abc action.
Also, volumes where are they? I am looking at POLONIEX, so it might be deceiving.
Good Luck Everyone! Happy New Year, lets make Crypto Great AGAIN!!
**LEGENDS**
BLUE = Bear/Resistance Yellow = Bull/ Support
Vertical Lines: Fractal dates are moments of interest, where price and time collide to create oscillation.
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
Feel free to request: your coin to be analyzed! Please keep those Stop losses in place!
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