🔳All the previous week was rich in ups and downs, as bitcoin has felt below $10,000, thereby affecting virtually all the #altcoins that are traded with it in pairs. ArcticCoin didn’t become an exception, which has experienced a correction to 1500 #satosh.
🔳Today we will analyze the two-week schedule with a time interval of 2 hours.
🔳For the past 2-3 weeks, Arctic Coin shows very good growth rates both in terms of prices and trading volumes. Now the price has moved to the zone of correction and testing of key resistance levels, the level of 1500 has stood up and it is a very good sign that the price will not go lower. This is signaled also by a candle hammer, which signals us about a change in the trend to a more bull, and a gradual test of higher levels of #Fibo 50 and 61.8 + to all this overcoming the SMA.
🔳On the glasses of orders, you can see that another good level of support is the 1700, which has already been repeatedly set aside, and it's worth paying special attention to it, since a break of this level will be a signal for stopping the stops at 1500.
🔳In order to enter long positions, you need to wait for a sure breakdown of the resistance line 2000, and increase the trading volume to 5-6 BTC.
🔳Also for traders who trade short positions, an attractive level for buying is 1500 and a sale in the channel from 1500 to 1900.
🔳 Support level 1500-1700;
🔳 The level of resistance is 1700-2000;
🔳 Orders for the purchase of 1400-1500;
🔳 Orders for sale 2000;
🔳Today we will analyze the two-week schedule with a time interval of 2 hours.
🔳For the past 2-3 weeks, Arctic Coin shows very good growth rates both in terms of prices and trading volumes. Now the price has moved to the zone of correction and testing of key resistance levels, the level of 1500 has stood up and it is a very good sign that the price will not go lower. This is signaled also by a candle hammer, which signals us about a change in the trend to a more bull, and a gradual test of higher levels of #Fibo 50 and 61.8 + to all this overcoming the SMA.
🔳On the glasses of orders, you can see that another good level of support is the 1700, which has already been repeatedly set aside, and it's worth paying special attention to it, since a break of this level will be a signal for stopping the stops at 1500.
🔳In order to enter long positions, you need to wait for a sure breakdown of the resistance line 2000, and increase the trading volume to 5-6 BTC.
🔳Also for traders who trade short positions, an attractive level for buying is 1500 and a sale in the channel from 1500 to 1900.
🔳 Support level 1500-1700;
🔳 The level of resistance is 1700-2000;
🔳 Orders for the purchase of 1400-1500;
🔳 Orders for sale 2000;
