There are a handful of coins which are mooning right past their .618 from the local high after a retrace back to trendline. Examples include LUNA, SAND, and AXS. This coin exhibits characteristics similar to these coins that may suggest similar behavior.
1.) A sharp uptrend is present, this is a differentiator.
2.) Money flow crossing into green on the daily.
3.) Very similar fractal configuration.
1.) A sharp uptrend is present, this is a differentiator.
2.) Money flow crossing into green on the daily.
3.) Very similar fractal configuration.
Note
Note, LUNA and other examples appeared to reach the 2.236 fib, which is where I derived 833.
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Disclaimer
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.