Bounce here then flatline for months before another climb?
-98% from top. Coin officially dead or should bounce some: www.reddit.com
Are we gonna jump the creek or what? If $96.6 was bottom then all long stops have been run. Key zone at $115-$120.
Was the recent uptrend just a late short squeeze? Daily close below MO should confirm it and we go for a lower low to fill the VPVR void.
First magnet is the yellow void fill if this doesn't spring up
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Short the retrace and target the current low (5755), the void (5114) and untested support (4493) Trading above daily breaker (7139) invalidates idea.
Bouncing of D3 +OB and channel low Multiple resistance ahead tho: Weekly and Monthly open, Range 161.8% and 200% extensions in the EQ of the channel Clearing and staying above macro range 75% level could lead to much higher prices
And currently @ 50% of the whole up move just below monthly and weekly opens. Waiting if it can break the local high @ 0.84, any pullback then would be a long.
Long for the short stop run or proper bounce. Getting support at top of previous range Hourly OB Consolidation long stops run
Just coming back to range EQ, convincing break of current low timeframe range (blue) should mark further direction.
Shall it stay there and grind up the shorts should start to close
$0.68, $0.79, $0.93 Will add if drops to 25% of bigger range/local range low