RUNE gonna rune?Most crypto asset are all going to test the May 2022 level before getting rejected. Some get there, so do not and get there and pass it but still get rejected over time. Rune started similar race toward same level and it is still holding, but will that continue till the top of 2021, I doubt it, but if it does, its goo for entry 3. For now i expect the direction as shown on the chart using the CSTP indicator to analyze the market volume sentiment conditions.
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Cstpindicator
YGG Extreme indicatorSET:YGG flagged for short and buy profit protection.
The CSTP indicator is so amazing, the extreme indicator alert on daily and weekly Timeframe is one of the things I look our for. now the alert is out and my projection is to protect my profit and get ready to short.
This short call should start in the new week. even thought extreme indicator has indicated extreme it is important to be cautious and trade smartly.
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OP at resistanceAs shown in the chart,
OP is current at resistance, looking at the weekly time frame.
on the CSTP tool, it indicates that the current bullish move is not sustainable yet as long as the candle colours are white. when the candle change to blue then i will be expecting the Green projection, else, we continue down work.
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$CRV bearsA new broke yesterday about LSE:CRV being hacked. and about $80 million drained.
that was the bearish trigger that broke the camels back. (Fundmentals). except a new broke to nullify the hack rumor, the price will still continue a down tren
On the technical point of view, thing are looking bearish as well looking at the CSTP trading tool.
My expected projection is shown in the the chat. CRV will only flip bullish if the price closes above the yellow line.
the current bullish move he currently have is a justa mere correct, hence the candle still being white. if the candle stick turns blue then i can consider being bullish.
Don't forget to trade smartly
Peace.
$COMP at 50/50 regionBased on the current chart, NYSE:COMP is showing some strength.
When the CSTP indicator shows a blue candlestick body with red wick/tail. it is an indication of a potential bearish move, unless the next candle after it close as bullish (green or blue candlestick with green wick)
I will expect it retrace to the yellow moving average line before a possible uptrend reversal, else the bullish move continues.
Trade smartly and apply risk management.
$AGIX projects using CSTP indicatorAGIX is one of the major AI coins in the market this year.
It has done amazingly well since January
however, it has entered a consolidative season and after hitting resistance, I expect it to restets the support. Using the CSTP indicator, it has already indicated bearish as seen on the chart.
I'll project it to hit the green line but, even if it doesn't, protect your profit long the way.
entry is best placed when the candle retest the yellow moving average line
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