HELLO traders, what's going on today ?!
Since 20 Feb 2022, when I posted the 'last post for tower analysis It has lost more than 80% of it worth til now, where that I Also , Exactly told you guys ( because fast EMAs ,already crossed under the slow EMAs which are bearish signs ,thus there is still the possibility of further fall to lower support ) ,
but to be honest I didn't expect to has a kind of massive drop like that.
So today I'm gonna have another analysis for tower/usdt on the daily timeframe , as you can see , it already trading over the support zone , and due to some positive divergences that revealed recently , it can test the pivot zone in the short -term , and if be able to overcome this zone and breakout the descending trend line ,so in this case it can even see the higher red resistance zone , around VWAP line in the mid-term , but then may drop again ,but otherwise if loses current support zone il'll fall again on the lower support lvls .
âïļ Good luck with your trading and investing and remember: Trade smartâĶOR JUST DONâT TRADE!
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ðThis analysis is my personal opinion ,not a financial advice ,so do your own research.
ðif you're fan of my analyses please follow me , give a big thumbs ð OR drop a comment ðŊ
Since 20 Feb 2022, when I posted the 'last post for tower analysis It has lost more than 80% of it worth til now, where that I Also , Exactly told you guys ( because fast EMAs ,already crossed under the slow EMAs which are bearish signs ,thus there is still the possibility of further fall to lower support ) ,
but to be honest I didn't expect to has a kind of massive drop like that.
So today I'm gonna have another analysis for tower/usdt on the daily timeframe , as you can see , it already trading over the support zone , and due to some positive divergences that revealed recently , it can test the pivot zone in the short -term , and if be able to overcome this zone and breakout the descending trend line ,so in this case it can even see the higher red resistance zone , around VWAP line in the mid-term , but then may drop again ,but otherwise if loses current support zone il'll fall again on the lower support lvls .
âïļ Good luck with your trading and investing and remember: Trade smartâĶOR JUST DONâT TRADE!
--------------------------------------------------------------------------------------------------------------------
ðThis analysis is my personal opinion ,not a financial advice ,so do your own research.
ðif you're fan of my analyses please follow me , give a big thumbs ð OR drop a comment ðŊ
