The horizontal axis shows the time; relationships positioned towards the leftmost area of a diagram occurred at the start of the data interval considered, and those at the rightmost end occurred at the end of the data interval considered. The vertical axis shows the period; lower period bands (higher frequencies) are shown near the top and higher bands (lower frequencies) are near the bottom. Lower bands would be of interest to investors with short term horizons, whereas higher bands would be of interest to investors with longer term horizons.
If buyers sustain the price above $67,000, the BTC/USDT pair could pick up momentum and accelerate to the next target objective at $75,000. A break and close above this resistance may open the doors for a possible rally to $89,476.12.

The decision to buy cryptocurrency should always have a long-term outlook, as crypto prices can be particularly volatile. Safemoon is no different, as in its short lifespan, the price has already exhibited some significant price swings. To get a better sense of Safemoon’s outlook, let’s take a look at the technical and fundamental factors that could shape price in the future.
“What differentiates SafeMoon is that they’re putting this out there in the open for everyone to see, and are not trying to hide the fact that’s how the system works,” he said.