#SAGA PRICE ACTION: FREE FALL?
If you're looking for an in-depth analysis of SAGA, then, you're in the right place.
Here's why.
As SAGA continues to get rejected at the key levels of 1.62, 1.66 & 1.70, the total market structure for this token is now forming into three peaks which is the common indicator for a possible crash. The reason for triple tops forming is the fact that both demands and supplies are meeting at the same key level without confirming any breakout/breakdown as of the moment. Albeit, once stronger drop ensues, we can safely assume that the support will not be able to hold the price and will cause for another visit towards a new support key level. Easiest basic strategy to use for scenarios like these is the support and resistance identification strategy.
Stay wise, trade cautiously.
#GainersPack
