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Recently, many tokens have broken out of long downtrends and seen strong gains. If you missed those moves, BB is one to watch.
BB has been in a downtrend for months, but the chart is now showing signs of a possible breakout: 👉It briefly dipped below the important $0.30 level, forming a solid bottom. 👉After reclaiming $0.30, it successfully retested this level. 👉The token is now making its first move to break out of the descending channel.
If the market stays strong, we could see a breakout soon.
If BB breaks out, the price could climb quickly, with the first target at $0.67 and stronger resistance at $1.
$INJ has confirmed the deviation and is back within the range, now above the lows. We need a break above this downtrend line and a successful retest to push it to the range highs. The outlook is bullish for the ninjas.
$BTC - Update When you zoom out, #Bitcoin doesn’t look too bad to me. However, positioning is crucial. I’m staying on the sidelines until I see more strength