I’m going over the charts for $0G
and I want to show you how I’m seeing this structure so you can learn to spot it too.
Look at this: in the daily chart, the price is anchored at 0,2009, crashing straight into that dreaded 99-day moving average at 0,2041. The daily Stohorsi reads 41,00, which tells us it’s right in a pause zone—breathing before deciding whether it breaks out or drops.
If we zoom in on the 15-minute chart, the picture gets clearer: we had a peak up at 0,2048 and an immediate support that held at 0,1904, while the short StochRSI is already showing above at 80,29.
So what does this tell us? That sellers are placing heavy sell blocks overhead, while buys are stepping down.
— My key levels to watch:
- Support: The 0,1904 - 0,1948 area to see if the floor holds.
- Resistance: The 0,2048 - 0,2109 ceiling where selling pressure weighs more.
I’m keeping a close eye on this because this clash with the daily resistance is making me watch closely for a possible Short if price rejects, or to be alert if it breaks upward to catch a Long.
Remember, this is just my view analyzing my own charts to share knowledge with you. Always do your own research and manage your risk well before opening long or short positions.
What do you think? Do you see a bearish rejection more likely at this resistance, or are you going to risk looking for an upside breakout?
#AnalisisTecnico
CLICK HERE ⬇️⬇️
and I want to show you how I’m seeing this structure so you can learn to spot it too.
Look at this: in the daily chart, the price is anchored at 0,2009, crashing straight into that dreaded 99-day moving average at 0,2041. The daily Stohorsi reads 41,00, which tells us it’s right in a pause zone—breathing before deciding whether it breaks out or drops.
If we zoom in on the 15-minute chart, the picture gets clearer: we had a peak up at 0,2048 and an immediate support that held at 0,1904, while the short StochRSI is already showing above at 80,29.
So what does this tell us? That sellers are placing heavy sell blocks overhead, while buys are stepping down.
— My key levels to watch:
- Support: The 0,1904 - 0,1948 area to see if the floor holds.
- Resistance: The 0,2048 - 0,2109 ceiling where selling pressure weighs more.
I’m keeping a close eye on this because this clash with the daily resistance is making me watch closely for a possible Short if price rejects, or to be alert if it breaks upward to catch a Long.
Remember, this is just my view analyzing my own charts to share knowledge with you. Always do your own research and manage your risk well before opening long or short positions.
What do you think? Do you see a bearish rejection more likely at this resistance, or are you going to risk looking for an upside breakout?
#AnalisisTecnico
CLICK HERE ⬇️⬇️