3H - Possible wave 3 Setup, ready to move?
Updated
Good morning traders and happy weekend! I hope you are all doing well and have a great weekend!
I didn't catch C98's first pump. I waited to see what it was going to do after.
Last night I threw on some fib measurements when I assumed the first wave was done. Looks like wave 2 closed about the .618 fib and we've started to move up.
White lines indicate we are seeing a bullish trend continuation. Lets hope it stays that way! There's not much above that would prevent upward movement!(IMO)
Lots of volume going through this new token right now! Price movement is fast. Be sure to take that into account if you use stop loss.
The solid yellow lines are apart of the VP-Period Indicator and they indicate strong points of resistance based on the volume.
Currently battling it out over the $1.5 resistance and then we'll need to make it above the $1.6 for the next big push.
NFA & DYOR
I didn't catch C98's first pump. I waited to see what it was going to do after.
Last night I threw on some fib measurements when I assumed the first wave was done. Looks like wave 2 closed about the .618 fib and we've started to move up.
White lines indicate we are seeing a bullish trend continuation. Lets hope it stays that way! There's not much above that would prevent upward movement!(IMO)
Lots of volume going through this new token right now! Price movement is fast. Be sure to take that into account if you use stop loss.
The solid yellow lines are apart of the VP-Period Indicator and they indicate strong points of resistance based on the volume.
Currently battling it out over the $1.5 resistance and then we'll need to make it above the $1.6 for the next big push.
NFA & DYOR
Note
Current AR is ~$1.5.~8% gain to next AR @ ~$1.6
$1.5 might be tough to overcome and so it might dip a bit more. The reason for this is because, it never had a candle close on the .386 fib. If it continues to dip, the idea will be scratched as the 2nd wave will appear to still be forming.
Remember, a short 2nd wave means a larger 4th wave for correction/consolidation.
Note
15M/30M/1H all look like RSI is going up. Hope we can hit overbought to finally turn the trend around.Note
Rally it up! We've hit support again, battle with the bears! Today has look fairly well too. We did start heading up in the uptrend after the div. reversal was seen. So that's a nice confirmation.Note
Beautiful rally/pump going on right now! We even past the Resistance of ~$1.6, but it seems we might battle it out here for a bit.Let's GO! :D
Cosmos Blockchain Explorer: explorer.thesilverfox.pro
Validator website and Cosmos Blockchain Unbonding Charts: thesilverfox.pro/
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Validator website and Cosmos Blockchain Unbonding Charts: thesilverfox.pro/
Click on blockchain icon and wait for them to load.
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