DarkNote Price Technical Analysis – Trend Line Break Near?

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 preventing losses and keeping buyers in check.

DarkNote Price Technical Analysis DarkNote Price Technical Analysis

There are a few bearish signs emerging on the hourly chart, as the price is below the 100 hourly simple moving average. Moreover, the Bollinger Bands also started to bend, showing that sellers started to jump in. if there is a

Read more ... source: NewsBTC USA