This chart shows that this coin is not much different from the rest of coins. It is correlated with most of them and follows the same trend.
I marked with yellowish rectangle nice price action with solid spike which was hold by GAP from daily chart for 3 consequential days. Pair never managed to go above this level for one full day.
Currently it is trading below psychological level 5000 which is not really respected by market but it may stop another attempt to go higher.
I would short it till 1000.
I marked with yellowish rectangle nice price action with solid spike which was hold by GAP from daily chart for 3 consequential days. Pair never managed to go above this level for one full day.
Currently it is trading below psychological level 5000 which is not really respected by market but it may stop another attempt to go higher.
I would short it till 1000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.