June 11, 2026

Trend reversal?

Trend reversal?

Trend reversal?

Trend reversal?

Bloktopia / Tether KUCOIN:BLOKUSDT
Cryptodreamer88


Trend reversal?

A graph that shows us the desire to restart together with the market.
The fundamental point that makes us hope for a reversal occurred on March 30th when Blok shattered the 2 Cent resistance with a single green candle (important breakout signal) easily confirms the 2 cents as a support point from today, excluding shadow!
Seeing the global market in a rather timid recovery phase, I believe that this is the time for Blok to stabilize and strengthen its bottom in an area that has been of strong impact in the past between 2 and 3 cents (see red rectangle , area of many buy / sell exchanges.
In this area Blok could create a nice channel lateralising a few days by compressing its price and then giving us the start of a nice climb.
Attention also to the classic flash crashes that punctually bring down prices, I believe that if they happened they would only be passing through, not affecting the trend.
RSI which is now overbought, if we keep a fluctuation on this price it would make it go down by transforming this price into a standard price and no longer so unsustainable.
Come on Blok!
What do you think?

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