DMAIL/USDT has had quite a run up in the past few days, up almost 100% in the last 4-5 days.
Supporting ideas:
1. Very steep price action, needs to cool on higher timeframes.
2. Massively declining volume, almost looks inverse price action.
3. Shooting star on the 4H to indicate a reversal.
Let's see how this goes, I think we will see price tap 0.618 or at least 0.5 before continuing up if market agrees.
Supporting ideas:
1. Very steep price action, needs to cool on higher timeframes.
2. Massively declining volume, almost looks inverse price action.
3. Shooting star on the 4H to indicate a reversal.
Let's see how this goes, I think we will see price tap 0.618 or at least 0.5 before continuing up if market agrees.
Note
This stayed pretty strong relative to market over last few day (25-28 Aug), might run harder next time market pumps.Idea invalidated, maybe next time! :)
Note
Maybe I spoke too soon, tp1 hitNote
Trade complete and all targets hit, thank you for reading :) 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.