The chart is well explanatory on its own, let me just clarify to prevent confusion and uncertainty
Denoted Terms:
1. EMA periods :- 10-Period (Blue color), 20-Period (Yellow color)
2. Key support level & Sub-level
3. Awaiting level :- Horizontal black line
4. Key Resistance level :- Close to the A.T.H (All time high) price
The price channel tool used :- Flat top/bottom
The movement of the market from A.T.H till the key support is picked with the price channel
The awaiting level is picked due to the old occurrence on that level
In the recent sell in the market, it's not so-voluminous
Also with 1-Week timeframe, i still have the same reason to long after my awaiting level is reached... stoch rsi is also oversold and ready to turn around, the snapshot is below:
You don't need to rush to join the market, you can catch up any right time... Be patient most times, because patience pays more than it pains.
Please drop your thought as comment if you agree with me or otherwise, let's learn together to trade successfully
Good luck to y'all CryptoKings
Denoted Terms:
1. EMA periods :- 10-Period (Blue color), 20-Period (Yellow color)
2. Key support level & Sub-level
3. Awaiting level :- Horizontal black line
4. Key Resistance level :- Close to the A.T.H (All time high) price
The price channel tool used :- Flat top/bottom
The movement of the market from A.T.H till the key support is picked with the price channel
The awaiting level is picked due to the old occurrence on that level
In the recent sell in the market, it's not so-voluminous
Also with 1-Week timeframe, i still have the same reason to long after my awaiting level is reached... stoch rsi is also oversold and ready to turn around, the snapshot is below:
You don't need to rush to join the market, you can catch up any right time... Be patient most times, because patience pays more than it pains.
Please drop your thought as comment if you agree with me or otherwise, let's learn together to trade successfully
Good luck to y'all CryptoKings