CARN Chart.....MA(20) Support finally broke .....MA(100) resistance proved too difficult to break....now the chart is breaking down......
MA(50) @ 0.009 Support got tested & broke intraday today.....if CARN closes below this level it will become resistance.....
Yesterday's Bearish reversal pattern has been confirmed today & the Sell signal has been triggered......
Next major support level below MA(50) is 0.006........there'll be a little support @ 0.007, but 0.006 is the next big one.....
It's very crucial for CARN to close above MA(50).......or else there'll be more downside risk....
CARN on bounce radar......$$$
MA(50) @ 0.009 Support got tested & broke intraday today.....if CARN closes below this level it will become resistance.....
Yesterday's Bearish reversal pattern has been confirmed today & the Sell signal has been triggered......
Next major support level below MA(50) is 0.006........there'll be a little support @ 0.007, but 0.006 is the next big one.....
It's very crucial for CARN to close above MA(50).......or else there'll be more downside risk....
CARN on bounce radar......$$$
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