The previous pitchfork has broken down and the support has become the major resistance.
Short-term we are in the decending pitchfork with 54.9 sats being the top resistance line, going lower.
Generally follow the pitchfork and once we break upwards from the PF, seek the previous support (now resistance, bold line) to be next target to break.
Short-term, I'm...
Nimiq is still in the previous pitchfork zone, plus in ascending triangle pattern. If it will follow, then probably sideways accumulation phase until 20 july or so. After that a potentially high breakout to 60 sats.
After a upward pump, Nimiq has cooled off within the pitchfork lines. We seem to have a good support crossing the pitchfork, forming a bullish divergence that generally breaks upwards.
