$ATH (AETHIR) IN 2D CHART โ ARE WE PREPARING FOR ANOTHER BREAK?
๐ 2D Technical Analysis
ATH has been showing an important recovery, accumulating approximately +22.6% over the last 7 days. The price is near a recent resistance zone, so the next 2-day closes will be important.
๐ข Support zone: $0.0070 โ $0.0073
๐ก Immediate resistance: $0.0084 โ $0.0085
๐ Bullish confirmation: a 2D close above $0.0085 with volume.
๐ Bullish scenario:
If ATH breaks and holds $0.0085, it could seek new higher price zones. Confirmation should come with volume and a successful retest.
๐ Bearish scenario:
If strong rejection appears and it loses $0.0070, the possibility of a correction toward lower supports would increase.
๐ฏ The key: donโt chase the candle. In 2D, waiting for the close confirmation can reduce the risk of entering during a false breakout.
๐ ATH is in an interesting zone.
Breakout ๐ or rejection ๐?
#ATH #AETHIR #Crypto #BinanceSquare
๐ 2D Technical Analysis
ATH has been showing an important recovery, accumulating approximately +22.6% over the last 7 days. The price is near a recent resistance zone, so the next 2-day closes will be important.
๐ข Support zone: $0.0070 โ $0.0073
๐ก Immediate resistance: $0.0084 โ $0.0085
๐ Bullish confirmation: a 2D close above $0.0085 with volume.
๐ Bullish scenario:
If ATH breaks and holds $0.0085, it could seek new higher price zones. Confirmation should come with volume and a successful retest.
๐ Bearish scenario:
If strong rejection appears and it loses $0.0070, the possibility of a correction toward lower supports would increase.
๐ฏ The key: donโt chase the candle. In 2D, waiting for the close confirmation can reduce the risk of entering during a false breakout.
๐ ATH is in an interesting zone.
Breakout ๐ or rejection ๐?
#ATH #AETHIR #Crypto #BinanceSquare
