Pixel Short Term Analysis

$PIXEL

✨$PIXEL Since the coin has just been released from the launchpool, it is not a coin that has really priced itself yet, but we still see that it forms support and resistance on the hour, and a W formation has formed.

💰W formation symbolizes first a downward decrease of half an hour on the chart and then an increase of a length of h from the highest point on the chart, in this case our expectation should be $0.84.

🚨So where should we stop if the formation does not work: $0.53 is one of our strongest support points. You can place a stop loss here and wait.

🤔will we only win 40%? Of course, this is our initial target, but we can increase the target gradually, and 40% profit in a few days is a serious rate.

💥When the RSI structure confirms the correction I expect, it will rise to its previous peak with a great reaction when it reaches the current value of 38.

#TrendingTopic   #launchpoll   #PIXEL! #PixelPricePrediction   #Pixels