⚡️ Quick yet decisive TA here for you guys, if you've been keeping tuned in and following then you should be fine as you've been watching the markings and as such we see that we managed to push through and successfully regained that 200 EMA which was nice to see though we are lacking in pressure this wave so definitely going to show that buyers are acting a lot more hesitant on buying in but still buying up regardless.
⚡️ I've encircled the two most recent 200 EMA intersections which clearly define the loss and regain of our 200 EMA to make things simple. Once we regained that 200 it made things pretty simple and clear cut pushing us past that 0.439 resistance mark which should become a support mark now that we're above it so keep that noted.
⚡️ One of the leading factors here is also part of the new marking which I've added being the black line that has been labeled as 'resistance'. That proved to be a vital resistance mark but once we broke and pushed past that buyers seem to take much kinder to the coin and enter leading to the 9% push overnight,
⚡️ The next main thing is just that we watch our 0.455 mark to see whether or not we can hold our ground firmly above or if we'll lose it and fall below retracing. To do so wouldn't be so bad as it'd be a healthy retracement since we already know we can't stray too far from the 200 EMA else the pullback to it will be more dramatic if past price action is anything to indicate. So keep an eye on those markings and remember, if we're below a marking it's resistance and above it'll act as a support.
⚡️ You already know me, simply giving it my best as always. If you'd like to leave a like or follow it'd be much appreciated as always, wishing nothing but the best and a great day, thank you.
~ Rock '
⚡️ I've encircled the two most recent 200 EMA intersections which clearly define the loss and regain of our 200 EMA to make things simple. Once we regained that 200 it made things pretty simple and clear cut pushing us past that 0.439 resistance mark which should become a support mark now that we're above it so keep that noted.
⚡️ One of the leading factors here is also part of the new marking which I've added being the black line that has been labeled as 'resistance'. That proved to be a vital resistance mark but once we broke and pushed past that buyers seem to take much kinder to the coin and enter leading to the 9% push overnight,
⚡️ The next main thing is just that we watch our 0.455 mark to see whether or not we can hold our ground firmly above or if we'll lose it and fall below retracing. To do so wouldn't be so bad as it'd be a healthy retracement since we already know we can't stray too far from the 200 EMA else the pullback to it will be more dramatic if past price action is anything to indicate. So keep an eye on those markings and remember, if we're below a marking it's resistance and above it'll act as a support.
⚡️ You already know me, simply giving it my best as always. If you'd like to leave a like or follow it'd be much appreciated as always, wishing nothing but the best and a great day, thank you.
~ Rock '
