Bondly Fake out or breakout?
Updated
Let's see what this token has in store for us.
If breakout, we will probably try to rocket to atleast old highs and above.
If fake out, we will probably see the 100 EMA test.
This is not financial advice.
If breakout, we will probably try to rocket to atleast old highs and above.
If fake out, we will probably see the 100 EMA test.
This is not financial advice.
Comment
It looks like we are trying to breakout for a second time after the fake out of yesterday. Looking for a daily close above the yellow line, which will make the target of $1+ highly probable.Comment
We have a daily close above the symmetrical triangle, aswell as a retest of the trendline. This next candle close will determine which way bondly is inclined to go to.Comment
As we can see, after the last daily close, we've turned bearish. Now we'll have a 4th retest of the bottom trendline. Let's see if it can hold.Disclaimer
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