Leo Is Not Necessarily A Lot Of Weakness ! Which Is Also A Very Positive Thing To See Especially .

We need to allow that market to hold that overall trend because this is the price has been obeying ever since 2021 the beginning of the year it needs to hold this trend going forward and we need to be under the premise that leo is still anticipated to go higher in the long term.

What about on a next two day time frame the market in leo can still trade alongside that line and trade higher what i'm getting at into the market in the leo is not necessarily a lot of weakness which is also a very positive thing to see especially .

We're trading around that line that's very good and this is the weekly time frame we need to see this volume is extremely light comparative to what we've seen the last couple of weeks that volume is not going to remain liked but if it does we already are under the premise that the market in leo is likely to try to stay above that line .

Which is also another positive thing but we'll talk about that at the conclusion of the weekly price bar you see that the market is not really giving us a lot of price action we're just trading sideways which again is another positive things in terms of the market and not being fearful of another pump in price we're just trading sideways for the moment and we got a lot of volume l there on this line see that increase in volume.

If i could put it on there for you see all that high volume at the bottom of the chart that tells us that the buyers stepped in i'm not necessarily seeing a lot of strength coming to the market in leo in this moment i'm not seeing a lot of strength neither .

I'm gonna be real with you know i'm not gonna give you a lot of hop you know a lot of that moon talk a lot of that moon hype because it's just not there yet but you know what i'm still gonna play the strength though into the marking of leo.

We're going to play that strength into the market in leo now where should our area support be our first area support already is going to be on our line we're going to hold that market support and leo.

Posted Using LeoFinance ^Beta