π CYBER has recently encountered significant market dynamics. Presently, it is encountering resistance in its price movement.
π A successful breakthrough of this zone would facilitate an easier breach of the resistance trendline, probability leading to movement towards our target area.
π However, if CYBER fails to surpass this resistance and faces rejection, there is a possibility of a downward movement towards the support trendline.
π The support trendline holds significant importance, as a breakout above it would signal a bullish trend continuation. Conversely, if the support is breached, it could indicate a shift back to a bearish trend, with the next target being the strong demand area.
π The strong demand area has historically proven to be resilient, providing support for CYBER's price. A bounce from this area could signify a reversal in trend. Nevertheless, if CYBER breaks below this area, it would confirm a continuation of the downward movement, potentially leading to further declines.
π A successful breakthrough of this zone would facilitate an easier breach of the resistance trendline, probability leading to movement towards our target area.
π However, if CYBER fails to surpass this resistance and faces rejection, there is a possibility of a downward movement towards the support trendline.
π The support trendline holds significant importance, as a breakout above it would signal a bullish trend continuation. Conversely, if the support is breached, it could indicate a shift back to a bearish trend, with the next target being the strong demand area.
π The strong demand area has historically proven to be resilient, providing support for CYBER's price. A bounce from this area could signify a reversal in trend. Nevertheless, if CYBER breaks below this area, it would confirm a continuation of the downward movement, potentially leading to further declines.
Trade closed: target reached:
Nailed it again - #CYBER is up 44.43%, right on cue!
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREEπ t.me/+QwK2mkoTGBU0Nzc0
ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREEπ t.me/+QwK2mkoTGBU0Nzc0
ποΈOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals π shorturl.at/ikpAV