SUPER Accumulation
Updated
Broke out of the downward channel. Check the enormous Volume last 2 weeks. If this is not accumulation then I don't know what is (see related idea). Re-test of the BUY ZONE 0.4-0.35 from above would be great opportunity to get in/add more.
Targets 1.48, 2.55 and 3.63.
Like👍, follow✒️, enjoy📺!
Targets 1.48, 2.55 and 3.63.
Like👍, follow✒️, enjoy📺!
Note
SUPER still trading on higher volumes than during the dump = smart money is accumulating. The accumulation happening in form of upward channel (red), which if broken up, then I do expect fireworks.💥Note
Price dropped out of the red channel but this seems to me as false breakout. Let's see if we can get back into the channel!Note
Breakout not confirmed yet, now actually playing catch up with the channel. Getting back inside it would be quite bullish.Note
SUPER hasn't managed to get back into the red channel. Actually it got rejected hard and dropped back to the white uptrendline - good buy imo. I still think we will play catch up with the red channel. Note
White uptrendline still holds (support) and price recently broke the local blue downtrendline resistance. I think up we go...Note
Well it's rather slow drift upwards than any explosive move. Again, notice the increased volume after breaking the blue downtrendline. My guess is that once SUPER lifts off it will go fast and it will be difficult to get in with any reasonable SL.Note
Looks like we are finally taking off. Let's see if we can catch the red upward channel. TP1 inbound. Fasten your seatbelts! ✈️Trade closed: target reached
1st Target hit! 🎯Note
Price tested the TP1 as support and now headed up. TP2 inbound - will SUPER hit it in confluence with lower edge of red channel?
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