LIVE$ALT has penetrated the 100 EMA, a sign that the bearish trend will end because the candlestick exited the down trend path and showed a bullish trend.
If the candle penetrates the resistance area of 0.33081, it is very likely that traders will buy/long positions to follow the direction of the trend and take profits.
However, if the bullish candle is unable to penetrate the 0.33081 resistance area, the bearish trend will continue to the 0.29111 support area.
Most likely small traders will wait for an upward breakout or continuation of the trend and will take long or short positions.
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