DarkNote Price Key Highlights DarkNote price continued to trade lower and broke the last low of 0.000000792BTC. The price tested 0.00000075BTC, which was our final target of the sell trade, as highlighted in yesterday’s post. A pullback is possible as sellers look exhausted and 0.00000075BTC represents a major support area. DarkNote price continued to decline, traded close to the final sell target and might correct higher moving ahead. Recovery likely? The DarkNote price traded further lower intraday, and moved towards our final sell target of 0.00000075BTC. The price even moved below the mentioned level to trade as low as 0.000000747BTC. There is now a descending channel pattern formed on the hourly chart, which is acting as a catalyst for the downside move. The…
Key Highlights DarkNote price struggling to clear an important resistance area around 0.00000090 BTC. There is a bullish trend line formed on the hourly chart, acting as a support in the near term. If there is a break below the support trend line, the price might head towards 0.00000075 BTC. DarkNote price is trading near a major swing area, which if breached might ignite losses moving ahead. Can sellers make it? There was a nice upside move this past week in the DarkNote price, but we noticed that buyers failed to break a critical area around 0.00000090BTC. There were a few attempts to clear the mentioned area this week, but sellers managed to defend the stated level successfully. There is now a bullish trend line formed on the hourly chart, which is currently…
DarkNote Price Key Highlights DarkNote price started a correction phase as anticipated in yesterday’s technical analysis. The price is heading towards a major support area at 0.00000078BTC where buyers might appear. Our view of taking profits and to wait for a correction to enter a trade played well. DarkNote price might head further lower from the current levels, but might find support near 0.00000090BTC. Buy Dips? The DarkNote price moved after completing a bullish outside bar candle pattern started a correction phase. We highlighted yesterday that it’s better to book profits near 0.00000090BTC and wait for another entry. It looks like the price has started correcting, and might be heading lower. In that situation, the price might find support near…
DarkNote Price Key Highlights DarkNote price tested a buy zone, which we highlighted in yesterday’s technical analysis. The price is struggling to hold ground as sellers remained in control, creating a risk of a break below 0.00000078BTC. The price has moved below the 100 hourly simple moving average, which is warning sign in the short term. DarkNote price looks like at a risk of more losses, but as long as it is above the broken trend line there is a hope. Risk of More Downsides? The DarkNote price continued to move down after testing a major swing area of 0.00000090BTC and completing a bullish outside bar candle pattern. We highlighted yesterday that the price might find support near a critical area of 0.00000078BTC, as it coincides with the 50% Fib retracement…
DarkNote Price Key Highlights DarkNote price spiked down sharply to weaken by around 40% before recovering sharply. The price is back towards the last swing high of 0.00000088BTC and looks set for more gains. The price is now trading above the 100 hourly simple moving average, which is might help it in the near term. DarkNote price after a false break continued to trade higher and looks set for more upsides moving ahead. Risk of More Downsides? We highlighted yesterday that the price was struggling to hold an important support near 0.00000078BTC. The result was a sharp move down, which weakened the price by more than 40%. However, it can be seen as a false break, as the price was back up within a couple of hours to trade where it was before moving down. The price…
Key Highlights DarkNote price continued to move higher as anticipated in yesterday’s technical analysis post. A bullish outside bar candle was formed on the hourly chart, which played well for our target of 0.00000090BTC. It’s time to book profits and wait for a correction to look to a possible buy entry. DarkNote price reached 0.00000090BTC as our highlighted bullish outside bar candle pattern played well. Buy Dips? The DarkNote price moved higher and completed our bullish outside bar candle pattern to trade near 0.00000090BTC. The price did not completely test 0.00000090BTC and traded as high as 0.00000089BTC. The price found sellers around the stated level, and it looks set for a correction in the near term. If the price moves lower from the current levels,…