Hello everyone,
After an analysis of the actual verge patern, I belive we arre approching the end of a pennant pattern. Price will rise soon.
Analyzing the MACD also indicate the begining of a new cycle with plenty of room for a bullish run.
RSI sits arround the 60.
Finally volumes are decreasing recently (in a daily analysis but also in a hourly analysis)
Break-up is going to happen.
I'm not an expert, so if you're not sure don't go in it.
Trade at your own risk. Feel the moment and go for it.
Buy in range 0.000010 - 0.000014
Stop loss : 0.000007
targets :
0.000018
0.000023
0.000029
0.000035
Don't hesitate to comment below.
After an analysis of the actual verge patern, I belive we arre approching the end of a pennant pattern. Price will rise soon.
Analyzing the MACD also indicate the begining of a new cycle with plenty of room for a bullish run.
RSI sits arround the 60.
Finally volumes are decreasing recently (in a daily analysis but also in a hourly analysis)
Break-up is going to happen.
I'm not an expert, so if you're not sure don't go in it.
Trade at your own risk. Feel the moment and go for it.
Buy in range 0.000010 - 0.000014
Stop loss : 0.000007
targets :
0.000018
0.000023
0.000029
0.000035
Don't hesitate to comment below.
Trade active
The coin is out of the pennant. Be prepared for take off.
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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.
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.