🔶 #ArcticCoin shows quite good growth in recent days and signs that the bearish trend is behind us. Let's analyze the traffic schedule for the last week. We can see on it, that the price was able to stay at the key resistance level of 1,000 #satosh and now it is well entrenched at around 1300.
🔶 1,600 #satosh is now the key resistance level, which the price has not been able to overcome, and most likely will again go into the flat and continue its movement already in the channel 1300-1600 in which we will trade with you all next week.
🔶MACD and MA still signal about purchases, that is very good for short positions.
🔶From glasses of orders, we can see that the mood in the market is more bearish, since passive sell orders prevail, but in the blue glass there are also a couple of aggressive large orders indicating a bullish mood in the long run. So it's worthwhile to exhibit our orders a little higher than these positions, and work in the channel 1200-1500 for a confident profit with minimal risk.
🔶 Support level 1200-1300;
🔶 Level of resistance 1600;
🔶 Orders for the purchase of 1250-1300;
🔶 Orders for sale 1550.
🔶 1,600 #satosh is now the key resistance level, which the price has not been able to overcome, and most likely will again go into the flat and continue its movement already in the channel 1300-1600 in which we will trade with you all next week.
🔶MACD and MA still signal about purchases, that is very good for short positions.
🔶From glasses of orders, we can see that the mood in the market is more bearish, since passive sell orders prevail, but in the blue glass there are also a couple of aggressive large orders indicating a bullish mood in the long run. So it's worthwhile to exhibit our orders a little higher than these positions, and work in the channel 1200-1500 for a confident profit with minimal risk.
🔶 Support level 1200-1300;
🔶 Level of resistance 1600;
🔶 Orders for the purchase of 1250-1300;
🔶 Orders for sale 1550.
