Octopus Network is IMO going to explode in usage and, in turn, price. The Octopus Network is a multichain interoperable crypto-network for launching and running Web3.0 Substrate-based application-specific blockchains, aka appchains. This allows integration of NEAR, Polkadot, and Cosmos (via IBC) application chain DAPPs - massively bullish on OCT Octopus...
Follow The Money: US$500+ Million In New Psychedelics Financing Powering Massive Growth Buy the break out. Mind Cure Health is going to go parabolic by February so get in while the price is right!
This looks like it will be another push back up to the 1.32500 area after it retraces from the Discounted Price Area using the Fib. Would love to hear what you guys think as I am fairly new to trading and showing my predictions.
After some significant supply (Volume increase) we have had the break lower as expected (See post below). Now we follow the markdown.
Octodec has seen some effort without response. Supply is stepping in at lower and lower prices and testing the 1500 level. With supply diminishing I am now waiting for the break lower.
1) Support @ 2 previous (D) support levels 2) 618 Fib target of 197 PIPS 3) 100 MA remains Bearish 4) Risk is 57 PIPS = 3.5 to 1 RR 5) BE @ 98 PIPS
IF PA TRIGGERS ENTRY THEN BUY 333/65 (5 to 1) RR
3:1 @ WEEKLY STRUCTURE RESISTANCE LEVEL
3X TESTED RESISTANCE - BREAKDOWN TRADE