EVERY STRUGGLE IN THE CRYPTO MARKET SHOULD BE SEEN AS A BLESSING IN DISGUISE!
STRUGGLING TO BREAK? IF AND THEN, THIS MIGHT BE IT!
If you notice how much the struggle for 1 token is. May it be in
breaking down the support or breaking through the resistance. Then, there must be something that it's telling you.
It's simple.
Hard to break? It's testing the limits/capabilities of the resistance or support. If it's hold is really strong, then, a possibility to stop the attempt of breaking down or breaking out will most likely happen. You can also relate this with buyers' interest to keep the price at the same level and sellers' disinterest at the current level of price since they want to sell at a higher zone. By the time, you acknowledge these common facts.
You will get a glimpse as to the possible next price action of a token. Always remember, your opinion in the crypto market regarding as to where it will go doesn't matter. What matters is the overall sentiment of the market and its consumers.
THE TAKEOFF THAT WILL HAPPEN SHOULD BE AROUND THIS AREA!
Optimistic views are in for #ETHFI as this token held its $1 price. Although, we are currently looking as to where this is still going to go with the current demands from hungry buyers. Once we see more confirmations to its accumulation phase.
The continuation of its rally should be happening anytime soon. Right now, this is currently the zone that's considered to be its bottom and in the event, it couldn't hold this key level the least it could go is $0.5-$0.8. That's part of our preparation for the worst-case and best-case scenario.
Stay wise, trade cautiously.