I propose a very fast analysis with TF at 1h.
Formation of a falling wedge in the final stage, take into account the old support which formed a double top and which now serves as resistance.
Personally I believe that the price can only go up given the news regarding Cronos and I give 2 chances based on my hourly analysis.
The first is a retracement on the cluster during the Pump on November 5th which is circled in green, LONG limit order at 0.327 cents for a greater gain which I hope will cross with the occurrence of Cronos.
The second possibility if this does not happen is a new bullish trend immediately with a break of the resistance at 0.35 cents, possibility to enter the market and ride the wave.
what do you think about it???
Formation of a falling wedge in the final stage, take into account the old support which formed a double top and which now serves as resistance.
Personally I believe that the price can only go up given the news regarding Cronos and I give 2 chances based on my hourly analysis.
The first is a retracement on the cluster during the Pump on November 5th which is circled in green, LONG limit order at 0.327 cents for a greater gain which I hope will cross with the occurrence of Cronos.
The second possibility if this does not happen is a new bullish trend immediately with a break of the resistance at 0.35 cents, possibility to enter the market and ride the wave.
what do you think about it???