Starting the new year with my tradingview charting practice and also improving my skills. This time I'm bringing you an altcoin that is called FoldingCoin and it has to do with online betting. I started to watch this altcoin when I managed to get some for very cheap and sell for almost 3 times its value at the time. This one in particular its been going in a down trend for quite a long time following some other major coins. The main problem that I'm seeing is that it is just above the lowest monthly level I've draw and its bouncing within the week resistance and the monthly support if it breaks it it could go toward the weekly lowest. If it can keep on accumulating without breaking the wedge towards the bottom line it can start a new move upwards and recover some of its previous week looses.
Tradingview idea and picture link
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