Technical analysis $NIGHT
Yesterday, NIGHT had an impressive growth when I called long from 0.05 and pumped to 0.055 but shortly after that, there was a correction for 2 reasons:
- BTC corrected strongly on the H4 frame after having grown quite strongly
- NIGHT also corrected sharply because BTC decreased and hit resistance on the H4 frame as shown in the image.
Currently, the price of NIGHT is moving sideways in a smaller frame with a support level of 0.0484, if NIGHT can maintain this level, there is still a chance for upward movement. However, it also depends on the situation of BTC because NIGHT currently does not have buying pressure or any good news to run against BTC and the market.
Today is the weekend, so I recommend everyone to stay outside. Wishing everyone a happy weekend, wishing everyone a happy weekend
