The 4 hr chart is displaying a brief consolidation period. It is currently trading with support and resistance at 46,620 sats and 48,954 sats respectively, moving towards testing level at 44,570 sats. If the level is wicked beyond 44,570 sats, the resistance would have been lost and a subsequent test will be made at 46,620 sats provided that it moves upward. If...
Currently, the coin is experiencing small forms of consolidation which would produce 2 outcomes. Either the coin continues to drop towards the monthly level at 8565 sats then retests the subsequent monthly level at 12846 sats or it moves towards 12846 sats after breaking the daily level of 11464 sats.
Please note that the ideas presented here are projections...
UTK is experiencing a downward price movement after being rejected at the monthly level. It the downward movement subsides at the next monthly level and accumulation occurs, then a possible movement upwards may occur to the monthly level that it was previously rejected at. Since, we are approaching the end of the month, please me mindful of a new monthly level...
Currently, CHSB is experiencing a market retracement, which is expected after a steady uphill trend. The data suggests a possible accumulation phase to begin at 876 sats, which might point to another uphill price movement after consolidation. However, keep in mind that the level acting as support is a weekly level and with the end of the month approaching, a new...
