#PIXEL is down 70% from its ATH.
The orange lines represent token unlocks on the 19th of each month, which typically shows a positive response followed by a subsequent dump.
Yesterday's unlock resulted in a green candle today. Technically, it is bouncing from the bottom of the falling wedge pattern, and the RSI is oversold.
IMO, This presents a potentially...
Hello, welcome, we will start with the PIXEL currency in the daily time frame
As you can see, it was able to break the upward trend line, there is a high possibility that the price will increase or even break a record.
PIXEL appears to be inside a diametric.
Now it seems that we are at the end of the F wave and will soon enter the G wave.
If the price returns to the green range, we will look for buy/long positions
The targets are clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop...
#PIXEL
The price is moving in a triangle on the 4-hour frame and we have a green support area at 0.700
We have a higher stability of 100% moving forward
Now we have a nice breakout coming up
Our RSI indicator has a trend that is about to break to the upside
Entry price is 0.7800
The first target is 0.8383
The second goal is 0.9214
The third goal 1.04
Due to the bullish BOS and IFC movement created by the buyers, the green range is expected to hold and reject the price to the upside.
Actually, PIXEL structure is Boolean.
On the chart, we have a liquidity pool in which we considered the first target.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please...
PIXEL is my fav coin for more upside in next few days. If btc and market stays stable - it should - after 20% flush recently. PA and TA is bullish, there is bull flag potential breakout.
NOT A FINANCIAL ADVICE
ALWAYS USE STOPLOSS AND MANAGE YOUR RISK
IF YOU HAVE ANY QUESTIONS PLEASE LET ME KNOW IN COMMENTS
