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Topic: Daily Price Analysis for Arctic Coin (Read 111 times)

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December 15, 2017, 05:56:29 AM
#1
Arctic Coin price  couldn’t hold at around 400 and under the pressure of sellers fell by 100 points down.
If we analyze the graph of the last week, we can see that on December 8-9, there was a very good growth trend (when the forecast for the cherished trend change was made),  we saw a number of good purchases and even an attempt to break up prices, which unfortunately didn’t succeed and buyers retreated to the support level (400). Yesterday there was a breakdown of the support line, as evidenced by a large bull's mariboza, and the price even reached the level of 300, where the bears met resistance and retreated to the level of 340-350. At the moment, the price of Arctic Coin is under very strong pressure from sellers, but if the coin is in such a long downward trend, then there should be a very good rebound upwards, which I predicted at level 400, but unfortunately the purchasing power wasn’t enough and this did not happen. I advise you to reinforce the blue glass with your orders, buy backing on the breakdowns, and wait ing for the trend reversal that will soon occur.


The support level is 200-300;
Resistance level 400;
Orders for the purchase of 200 250;
Orders for sale 400,450;
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