Post
Hxlaw
Hxlaw
$RESOLV 1. Trend & Price Structure • Main trend: Significant long-term decrease. The price continuously creates lower tops and bottoms, located completely under the MA cluster structure. • Short-term: There is a slight recovery (+5.43%) from the lowest bottom in the past 24 hours at 0.02068, currently trading at 0.02231. However, this is just a technical waveback in the declining structure. 2. Moning averages (MA) • The price is currently below all important MA lines: MA5 (0.02187) right above, further away is MA10 (0.02473) and MA20 (0.02827). • MA lines are stacked in order from small to large from bottom up (MA5 < MA10 < MA20 < MA30), confirming that the selling force is heavy and there is no sign of trend reversal. 3. Volume (Volume) & Motum • The sharp decline on May 27-28 was accompanied by a spike in sales volume (a soaring red column), indicating that the pressure of selling goods was definitely strong. • The current blue return rate has a fairly small volume, proving that the demand force to catch the bottom is still weak, not reliable enough. Scenario: Continue to follow the bottom of 0.02068. If this mark is broken, the price will find a new bottom. Only consider a long position when the price accumulates to create a solid bottom and successfully break-out through the nearest resistance around 0.02473 (MA10).

Disclaimer: de content op OKX Orbit dient uitsluitend ter informatie. Meer informatie

Reacties

Nog geen reacties. Reageer als eerste.