#SaitamaWolfPack Confirmation!
When looking at Saitama on the Daily TF, we can see that it's currently trading in a massive channel. Seeing that it is at the bottom of the channel that is one of the first signs that bulls will start to come in soon. There's currently a diagonal trendline shown which is the next closest resistance battle to overcome. Once this trendline is broken, this project will become bullish. Most times a retest of the trendline happens before it continues to move in the direction of the breakout. This is a strong project, with a smart and calculated marketing team. I believe in the long run this will be a project that will provide solid returns. If you're looking to hold for a long time, then this should be a nice area to enter. It's currently trading 70% lower than the previous All Time High!
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
Love it or hate it, hit that thumbs up and share your thoughts!
Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect!
This is not financial advice.
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.