Updated
This is how PLAY would play.
Chart decicated to all Watch2Earn and NFT fans, at daily chart.
It is still in downtrend contiunation ABC.
Bottom would be around FIBO 2.272 or somewhere here, in my opinion.
It also corersponding with yellow Bear Flag target estimation.
It is area and I can´t now exactly due to volatility and Bitcoin influcence.
So let´s monitor, how the buyers will react to BTC pivot.
Main point of reaction will be on the red line ( 50 average ).
Sooner or later.
Have a nice Christmass,
Emvo.
It is still in downtrend contiunation ABC.
Bottom would be around FIBO 2.272 or somewhere here, in my opinion.
It also corersponding with yellow Bear Flag target estimation.
It is area and I can´t now exactly due to volatility and Bitcoin influcence.
So let´s monitor, how the buyers will react to BTC pivot.
Main point of reaction will be on the red line ( 50 average ).
Sooner or later.
Have a nice Christmass,
Emvo.
Note
4h TF:Note
Volume started its incline as Play approaching buy area:Note
Volume rises. Monitoring daily 50 average :Trade closed: target reached
Note
Retracement would be around its complete:
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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.