SAFUU HAS BROKEN OUT FROM THE $1.21 TREND. BROKE RESISTANCES AND HOLDING ABOVE KEY LEVELS OF CONTINUATION.


On the 1 hour chart, we can see the moving averages have crossed. The 4 hour chart, the moving averages are about to cross. This is bullish for a continuation in the appreciation of the Safuu price. On the chart above, we can see that Safuu has held about and been in the $1.21 region for a week as of today. Yesterday, the 21st, Safuu started to break above that. From the rise to the fall, the $1.19-$1.21 region have been a support at the .786 Fibonnaci Level. This is a critical support for a continuation pattern. Since Safuu held it, lost support and came back to it and held it again, we have now since seen price appreciation. As time has gone by, pressure it building back into the price action and demanding a move. This move is showing us on a short term to $1.24, and since we have now broken that, we have a target seen to around $1.31. At $1.31, if this can be broken with conviction, we will see the Safuu price back to about the $1.68 region.



TODAYS CHART, BROKE THE RESISTANCE OF YESTERDAYS HIGH, AND NOW HOLDING AS A SUPPORT. HERE YOU CAN SEE THE CORRESPONDING SUPPORTS ON THE 15 MINUTE TIME FRAME ABOVE.



We can see that we still have the supports down there to the $1.09, $1.02, $.95, $.86, and $.73 respectively when looking at chart. This is here as supports for downwards actions such as , Auto LP, or any selling to ensue that is not foreseen. Take notes of the supports, the most critical being that $1.19/$1.21.


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By ConfermentRM

I have been a Crypto Investor since 2019. I have always had an admiration for charts, as I would like to be able to predict how the market will turn day to day.

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