The coin has formed a descending structure in the form of a triangle with the highs being squeezed along the inclined line, which indicates the weakness of the buyer to update these values. Also, the level of support is confirmed by several touches, which indicates the accumulation of participants' stops, due to which I consider the continuation of the movement.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.