✴️ BarnBridge | A Mistake?
This little signal here on Coinbase for BONDUSDT reveals that the bottom is in.
The session 25-June produced a very long lower wick that moved below EMA10, EMA21 and the Nov. '22 low/support. The session ended green and above all these levels. This is supported by high volume.
This is a very strong giveaway signal.
The wick went really low yet it failed to go lower than 12-June. It closed green and then there is really high volume, abnormal buy volume.
The people buying on Coinbase know something we don't know, or some whale purchased lots of this altcoin, the reason being most likely that it is getting ready to grow.
This is just speculation of course...
- As long as BONDUSDT trades above its Nov. '22 low the bullish potential is super strong.
- If it moves lower, this bullish bias is lost and more downside is possible before the next bullish wave develops.
When we are near support...
When prices are low... Think long-term.
Namaste.
The session 25-June produced a very long lower wick that moved below EMA10, EMA21 and the Nov. '22 low/support. The session ended green and above all these levels. This is supported by high volume.
This is a very strong giveaway signal.
The wick went really low yet it failed to go lower than 12-June. It closed green and then there is really high volume, abnormal buy volume.
The people buying on Coinbase know something we don't know, or some whale purchased lots of this altcoin, the reason being most likely that it is getting ready to grow.
This is just speculation of course...
- As long as BONDUSDT trades above its Nov. '22 low the bullish potential is super strong.
- If it moves lower, this bullish bias is lost and more downside is possible before the next bullish wave develops.
When we are near support...
When prices are low... Think long-term.
Namaste.
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