In this idea, I want to talk about the PI coin, which, in my opinion, is the best mobile mining app so far. I've been mining PI coins for at least 4 years and still holding them. PI Network has a solid team behind it and a strong community!
If you're still holding or planning to buy some for the upcoming Altcoin Season, I'm here to break down the chart and show you what's happening right now. So stay tuned until the end, and don't forget to like and follow for more support! 🌟
Chart Analysis 📈
As you can see, we have a strong downward-sloping blue trend line. Currently, the price seems to be forming an Inverse Head and Shoulders Pattern, which is a bullish signal. 🎯
However, make sure to wait for the breakout and retest as new support, at least on the 1H time frame. Regarding the price target of this pattern, I personally believe the next major resistance to the upside is the current all-time high around $3. 💰🔥
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.
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.