🌟Today we will turn to a short-term price analysis and we will consider a weekly chart with a time interval of 1 hour.
🌟As it was predicted the price of Arctic Coin was in the flat all week and continued to be slightly adjusted. Now is at the point of completion of the formation of the triangle shape, the breakdown of which will indicate to us the direction of the trend for the rest of the week.
🌟 The price tests the key resistance levels for Arctic 1200 that correspond to the Fibonacci extension level 23.6, which allows the oscillator to recharge.
🌟Arctic Coin is approaching the average EMA, which is a positive signal for further price movement upwards and for opening short positions, the level of 1000-1100 satosh is now very attractive for purchases.
🌟If you look at the order glass, we will see that the key level of resistance is level 1300, the breakdown of which will be a signal for opening long positions and yielding prices from correction.
🌟 Support level 1100-200;
🌟 Level of resistance 1300;
🌟 Orders for purchase of 1100;
🌟 Orders for sale 1400.
🌟As it was predicted the price of Arctic Coin was in the flat all week and continued to be slightly adjusted. Now is at the point of completion of the formation of the triangle shape, the breakdown of which will indicate to us the direction of the trend for the rest of the week.
🌟 The price tests the key resistance levels for Arctic 1200 that correspond to the Fibonacci extension level 23.6, which allows the oscillator to recharge.
🌟Arctic Coin is approaching the average EMA, which is a positive signal for further price movement upwards and for opening short positions, the level of 1000-1100 satosh is now very attractive for purchases.
🌟If you look at the order glass, we will see that the key level of resistance is level 1300, the breakdown of which will be a signal for opening long positions and yielding prices from correction.
🌟 Support level 1100-200;
🌟 Level of resistance 1300;
🌟 Orders for purchase of 1100;
🌟 Orders for sale 1400.
