Before break above the first Resistance level at $1.25
Before it goes up to 1.25 which is the first resistance level on the upside there is a lot of resistance to break
as shown by the descending line that formed from September 2, then November 9, January 18,
and the most recent with multiple resistance from May 28 to April 5 (red descending line)
First, I see that it will fall to the level of the rising white line and the red dotted horizontal line 0.82848
considering that if it breaks below those two levels
the drop could be to the green box area 0.71344 and finally in the worst-case scenario could fall to 0.53812
check all white trend lines to confirm resistance and support levels
NFA
PLEASE, DYOR/MYOD!!
PLEASE ZOOM IN AND OUT FOR BETTER APPRECIATION
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Please Re-Examine Before Make Your Last Decisions
Before it goes up to 1.25 which is the first resistance level on the upside there is a lot of resistance to break
as shown by the descending line that formed from September 2, then November 9, January 18,
and the most recent with multiple resistance from May 28 to April 5 (red descending line)
First, I see that it will fall to the level of the rising white line and the red dotted horizontal line 0.82848
considering that if it breaks below those two levels
the drop could be to the green box area 0.71344 and finally in the worst-case scenario could fall to 0.53812
check all white trend lines to confirm resistance and support levels
NFA
PLEASE, DYOR/MYOD!!
PLEASE ZOOM IN AND OUT FOR BETTER APPRECIATION
Hope to See your Likes 👍 to Support My Work
To Follow All My Ideas, Go to My Profile and Select the Follow Green button 😁
Please Re-Examine Before Make Your Last Decisions