The Graph / EuroLong
The Graph hail mary
The Graph had a good run so far in the current bullmarket. Bitcoin has a lot of potencial of going exponential and alts are bound to follow (at least for some), the price surpassed 0.9 EUR making it a key support line.
The volume must catch up so it go exponential as always and the current level seems to show a retracement soon before picking up more momentum.
The relative strenght index appears to be a bit over extended. I have some doubts about using such metric in a market like crypto, but since it is one of the most popular indicators I cannot simply rule it out, futher extention is possible...
Thank you for taking your time reading my 2 cents. I encourage you to point out my mistakes and/or oversighs I might have committed as well as advices of what I should do addicionaly.
The volume must catch up so it go exponential as always and the current level seems to show a retracement soon before picking up more momentum.
The relative strenght index appears to be a bit over extended. I have some doubts about using such metric in a market like crypto, but since it is one of the most popular indicators I cannot simply rule it out, futher extention is possible...
Thank you for taking your time reading my 2 cents. I encourage you to point out my mistakes and/or oversighs I might have committed as well as advices of what I should do addicionaly.
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