#SAGA: WHAT'S NEXT FOR THIS TOKEN THAT'S ALREADY AT ITS BOTTOM?
If you're looking for an in-depth analysis of SAGA, then, you're in the right place.
Here's why.
We've highlighted the previous week's high, middle and low as we're thinking of the possibilities that could happen with SAGA. As more rejections continue to happen below the previous week's high and as well as the other week's high, we can safely assume that this token has to continue creating more bottoms in order to retrace even further above this key level. Along with the overall market sentiment that this token have, it's best to think that more demands will only enter once it decreases its price even further.
It's evident that this token have experienced bouncing twice at the price range of 0.86-1.12. This signifies highest demands from that key level and even if the price breaks down from those key levels many will still await the discount.
From the recent insights that we've provided for #SAGA. Look at how it has already went below the previous week's low and now it will continue to retest the middle and higher bodies of the weekly candlesticks. The more you look at these formations, they seem to be accumulating strength to increase their prices once more. Since the prices can possibly reach higher than the weekly middle and high. It can reattempt to balance the equilibrium that was broken above the 1.80 key level.
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Stay wise, trade cautiously.