Near term forecast, days ahead
On the above weekly chart price action has corrected 70% since early summer. A number of reasons now exist to consider a long position. They include:
1) Price action and RSI resistance breakouts.
2) Support confirmation on past resistance.
3) Cup and Handle pattern confirmation with 100% forecast.
Is it possible price action continue to correct? Sure.
Is it probable? No.
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👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸
Binance Square Family...❤️🔥❤️🔥
I hope this analysis has been helpful to you. If you have any questions, please feel free to leave a comment. I'm always happy to help.
I appreciate your support!
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