BRISEUSD strong rise but still within the Channel Down.Bitgert (BRISEUSD) is having the strongest 2 day rise since February 01, approaching the 1D MA200 (orange trend-line) which is unbroken since April 27. This isn't however yet a reason to buy for the long-term as the price remains within the bearish trend of the long-term Channel Down pattern since the August 31 2022 High.
In order for us to buy, we want to see a 1D candle closing above the 0.382 Fibonacci level (0.00000041), in which case we will target the 0.618 Fibonacci at 0.0000006355. Similarly if a 1D candle closes above Resistance 1 (0.0000007065) then we will buy the break-out and target Resistance 2 at 0.000001285.
Until those break-outs take place and the price remains within the long-term Channel Down, expect a rejection at the top (Lower Highs trend-line) and the trade is a sell, targeting the Higher Lows (dashed) trend-line at 0.0000002875.
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Bitgert
BRISEUSD Important 1day MA200 breakBitgert broke today over the 1day MA200 for the first time since October 3rd, getting out of the Consolidation Zone. This is an important step to the 0.00000076 - 0.00000068 Resistance Zone. Beyond that, we can have higher hopes for BRISEUSD only if the Declining Resistance breaks, which will trigger a buy wave to 0.00000129 Resistance.
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BRISEUSD: Perfect Logscale Bullish Shark PatternThis particular asset is kinda risky to attempt a trade on given that DeFi right now is currently the weakest sector in crypto but i like the potential for this Logscale Bullish Shark as all the measurments are perfect and i do find the price to be low risk so this is one that i will give a shot and buy some up at this PCZ.
BRISE: CAN BECOME INTO TOP 100 AND GO OVER MOST MEMBitgert(BRISE) is a coin that can come in the top 100 at the long term on coinmarketcap.
THE blockchain project with zero fees can play an important role, but what is the price action view?
SHIBA, LUNC and all other memcoins build on hype and fomo, and we have seen also that it can be risky.
will BRISE bring here a change to it?
Brise seems to have an interesting structure that can increase with time in higher price action. The 6x0 coin can show some progress.
At the long term, this project can do more X if the project keeps going with exchange listing and also the development of blockchain.
This is not trading advice.
crypto can be very risky.