TECHNICAL ANALYSIS:
The price of the cryptocurrency HSare Coin quoted to Bitcoin HSRBTC remains on a downward trend, despite an extensive downward adjustment of the Double Triple WXY type correction. It is possible that the market will perform another downward wave, thanks to which the WXY structure will transform into WXYXZ, making all the movement even more complex and stretched over time. Such a scenario would correspond to the next cycle in the PUMP-DUMP scheme, as the price is currently in the DUMP cycle. This is confirmed by the lower lows on the daily time frame chart.
In order for growth to take place, the market would have to first of all reach 0.0030 (first pink zone) and move upwards to 0.0050 (second pink zone). Without such developments, it is difficult to talk about downtrend reversal.
TREND AND IMPORTANT LEVELS:
The main trend: DOWN
Indirect trend: DOWN
Daily trend: DOWN (price at a key level)
Key Levels:
for further increases - level 0.0030 and later 0.0035
for the continuation of drop - the level of 0.000740 and later 0.000135
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The price of the cryptocurrency HSare Coin quoted to Bitcoin HSRBTC remains on a downward trend, despite an extensive downward adjustment of the Double Triple WXY type correction. It is possible that the market will perform another downward wave, thanks to which the WXY structure will transform into WXYXZ, making all the movement even more complex and stretched over time. Such a scenario would correspond to the next cycle in the PUMP-DUMP scheme, as the price is currently in the DUMP cycle. This is confirmed by the lower lows on the daily time frame chart.
In order for growth to take place, the market would have to first of all reach 0.0030 (first pink zone) and move upwards to 0.0050 (second pink zone). Without such developments, it is difficult to talk about downtrend reversal.
TREND AND IMPORTANT LEVELS:
The main trend: DOWN
Indirect trend: DOWN
Daily trend: DOWN (price at a key level)
Key Levels:
for further increases - level 0.0030 and later 0.0035
for the continuation of drop - the level of 0.000740 and later 0.000135
PS: Please add me to the watched ones!
PPS: The next analysis of the next cryptocurrency will be published if this post will receive min. 50 likes. :)
Zlecenie aktywne:
Cryptovaluta behaves as planned: another DUMP to the level of 0.000135. It's only buyback zone I see that it pays to buy.
Zlecenie aktywne:
We are still waiting for another DUMP towards the technical support. The golden trend line act as a dynamic resistance.