The daily and weekly downtrend line is broken with a good volume
The daily and weekly downtrend line is broken with a good volume. Due to the high compression, I expect to increase easily with weak pullbacks and break the resistors before changing the trend.
The Kijonsen and Tenxen lines, given their high slope alignment and the possible failure of the powerful Como cloud, are likely to increase the chart to the $ 46- $ 47 range.
The most important resistances are MA200 in the range of 47 units and 1.618 Fibonacci in the range of 46 units.
I expect an increase of up to 50 units if the high resistances, which are very critical for altcoins, fail.
The Kijonsen and Tenxen lines, given their high slope alignment and the possible failure of the powerful Como cloud, are likely to increase the chart to the $ 46- $ 47 range.
The most important resistances are MA200 in the range of 47 units and 1.618 Fibonacci in the range of 46 units.
I expect an increase of up to 50 units if the high resistances, which are very critical for altcoins, fail.
