SUPER / TetherUSLong
Super contraction into volatility
Super is contracting on price action pretty heavily here, the token is sipping from daily demand. RSI is starting to coil downward. Volume has taken a major breather here. I expect the bigger BTC correction soon, we might have another leg up before that. Super will do one of two things.
1. The token will pull an axie like I had hoped and go full launch despite BTC price action. The ecosystem is set to drop massive news next month and the token is up over 5x in a few weeks.
2. BTC will take a large dump on all of us and TOTAL3 will die like I predicted taking super down with it. There will be a few tokens that fall less or continue to consolidate during this time, Super just might be one of them but who knows.
Regardless, I am net bullish on the token, my long entry is the dotted green so I am sitting pretty either way. Stay safe.
1. The token will pull an axie like I had hoped and go full launch despite BTC price action. The ecosystem is set to drop massive news next month and the token is up over 5x in a few weeks.
2. BTC will take a large dump on all of us and TOTAL3 will die like I predicted taking super down with it. There will be a few tokens that fall less or continue to consolidate during this time, Super just might be one of them but who knows.
Regardless, I am net bullish on the token, my long entry is the dotted green so I am sitting pretty either way. Stay safe.
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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.