SNGLS/BTC (Retest Key Support Area?)
SNGLS/BTC
-During the strong breakout of Bitcoin recently
-Most Altcoins pulled back to their previous support areas
-While this coin, the price went back inside the descending triangle
-If currently level will not hold, it is likely to retest key support at 73 sat
-Before potentially try to challenge the descending trendline at around 90 sat range
-Trading inside the triangle pattern is kinda risky
-I recommend trading only after confirmation of breakout direction
-During the strong breakout of Bitcoin recently
-Most Altcoins pulled back to their previous support areas
-While this coin, the price went back inside the descending triangle
-If currently level will not hold, it is likely to retest key support at 73 sat
-Before potentially try to challenge the descending trendline at around 90 sat range
-Trading inside the triangle pattern is kinda risky
-I recommend trading only after confirmation of breakout direction
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