I dont believe this technical analysis at all not anymore... Every coin in the market could make profits if the right development, marketing and usage is well done and well processed, technical analysis is just a matter of a day trade in which all can be lost.
Accept my points, Please
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use it as a forecast like weather forecast for long term also margin trading if your bullish
for short term profits learn to daytrade and swingtrade
Now @Haejin will downvote you to NEGATIVE!!!