Midterm forecast: - While the price is above the support 0.0025000, beginning of uptrend is expected.
- We make sure when the resistance at 0.0035000 breaks.
- If the support at 0.0025000 is broken, the short-term forecast -beginning of uptrend- will be invalid.
Technical analysis: - The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another leg higher if price breaks and closes above downtrend.
- The RSI downtrend #1 is broken, so the probability of beginning of uptrend is increased.
- A trough is formed in daily chart at 0.00255 on 07/28/2021, so more gains to resistance(s) 0.00300 and maximum to Major Resistance (0.00350) is expected.
- Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses.
- Relative strength index (RSI) is 48.
Take Profits: - 0.00300
- Support on 06/28/2021
- Support on 06/27/2021
- Trough on 06/27/2021
- Support on 06/22/2021
- Support on 05/23/2021
- Support on 04/08/2021
- Support on 04/07/2021
- Resistance on 04/02/2021
- Resistance on 02/21/2021
- Support on 02/17/2021
- Support on 02/16/2021
- Support on 02/15/2021
- Resistance on 01/19/2021
- Resistance on 01/18/2021
- Resistance on 01/15/2021
- Resistance on 01/12/2021
- Resistance on 01/11/2021
- Resistance on 12/22/2020
- 0.00350
- Resistance on 07/08/2021
- Resistance on 07/07/2021
- Resistance on 07/06/2021
- Resistance on 07/04/2021
- Resistance on 07/03/2021
- Resistance on 06/29/2021
- Support on 05/25/2021
- Support on 05/19/2021
- Support on 04/23/2021
- Resistance on 04/10/2021
- Resistance on 02/19/2021
- Resistance on 02/18/2021
- Resistance on 02/15/2021
- Resistance on 01/13/2021
- Support on 12/14/2020
- Support on 12/13/2020
- Support on 12/12/2020
- Support on 12/11/2020
- Resistance on 11/20/2020
- 0.00400
- Resistance on 06/10/2021
- Resistance on 05/27/2021
- Resistance on 05/26/2021
- Resistance on 05/25/2021
- Resistance on 05/23/2021
- Support on 05/21/2021
- Support on 05/20/2021
- Support on 05/19/2021
- Support on 04/26/2021
- Support on 04/25/2021
- Support on 04/24/2021
- Support on 04/23/2021
- Support on 04/20/2021
- Support on 04/19/2021
- Support on 04/18/2021
- Resistance on 04/15/2021
- Resistance on 02/13/2021
- 0.00450
- Resistance on 06/03/2021
- Resistance on 05/30/2021
- Resistance on 05/29/2021
- Resistance on 05/28/2021
- Resistance on 05/21/2021
- Resistance on 05/20/2021
- Support on 05/05/2021
- Resistance on 05/02/2021
- Resistance on 04/23/2021
- Resistance on 04/22/2021
- Resistance on 04/21/2021
- Resistance on 04/20/2021
- Resistance on 04/19/2021
- Resistance on 11/25/2020
- Resistance on 11/24/2020
- Resistance on 10/28/2020
- Support on 05/17/2020
- Support on 05/11/2020
- Support on 05/08/2020
- Support on 05/07/2020
- Support on 03/16/2020
- Support on 03/13/2020
- Support on 03/12/2020
- Resistance on 01/12/2020
- Resistance on 01/11/2020
- Resistance on 10/25/2019
- Resistance on 10/23/2019
- Resistance on 10/22/2019
- Resistance on 10/21/2019
- Resistance on 10/17/2019
- Resistance on 10/16/2019
- Resistance on 10/15/2019
- Resistance on 10/14/2019
- Resistance on 10/13/2019
- Support on 10/05/2019
- Support on 10/04/2019
- Support on 10/03/2019
- Support on 10/02/2019
- Support on 10/01/2019
- Support on 09/29/2019
- Support on 09/28/2019
- Resistance on 09/26/2019
- Resistance on 09/25/2019
- Support on 09/23/2019
- 0.00500
- Resistance on 05/29/2021
- Support on 05/11/2021
- Support on 05/10/2021
- Support on 05/09/2021
- Support on 05/08/2021
- Support on 05/06/2021
- Support on 09/25/2020
- Support on 09/24/2020
- Support on 09/22/2020
- Support on 05/22/2020
- Resistance on 05/18/2020
- Support on 03/22/2020
- Support on 03/20/2020
- Support on 03/19/2020
- Resistance on 03/17/2020
- Resistance on 03/16/2020
- Resistance on 03/14/2020
- Support on 03/11/2020
- Resistance on 01/14/2020
- Resistance on 09/29/2019
- Resistance on 09/28/2019
- Resistance on 05/29/2021
- Support on 05/11/2021
- Support on 05/10/2021
- Support on 05/09/2021
- Support on 05/08/2021
- Support on 05/06/2021
- Support on 09/25/2020
- Support on 09/24/2020
- Support on 09/22/2020
- Support on 05/22/2020
- Resistance on 05/18/2020
- Support on 03/22/2020
- Support on 03/20/2020
- Support on 03/19/2020
- Resistance on 03/17/2020
- Resistance on 03/16/2020
- Resistance on 03/14/2020
- Support on 03/11/2020
- Resistance on 01/14/2020
- Resistance on 09/29/2019
- Resistance on 09/28/2019
- 0.00600
- Resistance on 05/19/2021
- Resistance on 05/18/2021
- Resistance on 05/15/2021
- Resistance on 05/14/2021
- Resistance on 05/08/2021
- 0.00650
- Resistance on 10/12/2020
- Support on 09/02/2020
- Support on 08/29/2020
- Support on 08/23/2020
- Support on 08/01/2020
- Support on 07/27/2020
- Support on 07/26/2020
- Support on 07/24/2020
- Support on 07/22/2020
- Support on 07/14/2020
- Resistance on 07/12/2020
- Resistance on 04/20/2020
- Resistance on 04/19/2020
- Support on 02/19/2020
- Support on 02/18/2020
- Support on 02/15/2020
- Support on 01/30/2020
- Resistance on 01/27/2020
- Resistance on 01/20/2020
- Resistance on 01/15/2020
- Resistance on 08/02/2019
Click on the level to view price action history. |
