Ohhhh $TA went crazy guys 😂
JUST PUMPED 30% IN JUST 1 HOUR
Price broke above both MA99 and MA200 resistance with a massive candle, and now it’s facing the important horizontal resistance around $0.065–$0.067.
This is the level I’m watching next.
If $0.060 holds, the bullish structure is still strong.
If price breaks $0.065–$0.067 and holds above it, I’m looking for the next expansion:
Targets - 0.069, 0.071, 0.073, 0.075, 0.080
But if $0.060 gets lost, I’d rather take the short and target the lower support zones:
Targets - 0.058, 0.056, 0.054, 0.053, 0.050
For both setups, once TP2 hits, I’ll move SL to entry and protect the trade. Otherwise, SL should stay around the key support/resistance level depending on the setup.
After a 30% one-hour pump, don't chase blindly. Let $0.065–$0.067 show the direction.
#Altcoin Season#
JUST PUMPED 30% IN JUST 1 HOUR
Price broke above both MA99 and MA200 resistance with a massive candle, and now it’s facing the important horizontal resistance around $0.065–$0.067.
This is the level I’m watching next.
If $0.060 holds, the bullish structure is still strong.
If price breaks $0.065–$0.067 and holds above it, I’m looking for the next expansion:
Targets - 0.069, 0.071, 0.073, 0.075, 0.080
But if $0.060 gets lost, I’d rather take the short and target the lower support zones:
Targets - 0.058, 0.056, 0.054, 0.053, 0.050
For both setups, once TP2 hits, I’ll move SL to entry and protect the trade. Otherwise, SL should stay around the key support/resistance level depending on the setup.
After a 30% one-hour pump, don't chase blindly. Let $0.065–$0.067 show the direction.
#Altcoin Season#