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Youtube:

Daily

Looking at our trend timeframe we can see price has recently been rejected @ 0.00001300, and has since then remained bearish . Currently testing support @ 0.00000770. Looking for a daily close above 0.00000850 before taking any long positions. Stochastic RSI showing momentum is slowing down.

4Hour

Shifting over to our pattern timeframe we can see price is currently testing our trendline . Possible break towards 0.00000550 if trend does not hold. A break and close above 0.00000810 could lead to a higher high. However a break and close below our trend leads to another leg in the bearish wave.

Hourly

Lastly looking at our trigger timeframe we can see a descending triangle has formed.
Expecting a breakout soon, a break towards the upside activates a long trade. A breakdown and we wait till we find support @ 0.00000550

Link To Chart

Conclusion

• Buy: After break and close above 0.00000750 4hour
• Sell: Haha

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How to Draw Trend-lines & Identify Trends
How to Draw Support/Resistance, Price Only

Disclaimer: I am not a financial advisor nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing.

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