SNEK/USDT - Weekly TSMOM Model SNEK/USDT - Weekly TSMOM Model
Weekly Model, looks much more promosing having printed a long/bull regime and remaining bullish running into this current weeks closing price.
As you will notice, since June our weekly bear regime prints have been far more dominant and remained in trend for much longer.
Let's spice up this chart with some additional analysis shall we. Levels of interest identified leveraging both Dealing Range Theory (DRT) and PDarrays (Premium/Discount.
You can see where both buyside and sellside were swept, leading to a reaction and reversal before chasing opposing liquidity, for example Turtle Soup
We are right back to trading within extreme discount of this monthly range right now.
Snek
SNEK/USDT - TSMOM Daily Model SNEK/USDT - TSMOM Daily Model
Although trading within a strong bear regime currently.
Most of the move looks to be completed and is drawing right down to our golden pocket and Daily buyside imbalance, sellside inefficiency (BiSi), in simpler terms bullish Fair Value Gap (FVG).
I would be interested in entries here and I'm expecting a reversal as of next week 📈
Ready to Move?Here we go! Things look ready to move relatively soon.
-Volume decreasing linearly, usually the sign that big players have taken their profits and steered price action the way they wanted. Sets up for the next big move.
- Fisher ribbons aligning, can give direction and strength of a move when combined with other tools
-Volatility decreasing, a sign that a relatively large move is coming
- Stochastics pointed in the positive direction with low volatility usually means price action will break that same direction
-FED to cut interest rates in September
Question is, what will we do if it breaks to the downside...
ACCUMULATE,
Seanders
ACCUMULATE ADA - 5daySeems time to accumulate CRYPTO:ADAUSD if you are in the know about Cardano.
- Fisher Transform Indication bands need to align themselves.
- Price will bounce around tightly packed moving averages between .32 cents and .44 cents.
- Price breakout to occur early Aug to early September.
- Volume structure also indicates this breakout.
- Historical volatility also on the decline which also reinforces this breakout period.
ACCUMULATE,
seanders
not financial advise
#SNEK Technical AnalysisHello everyone, I’m Cryptorphic.
For the past seven years, I’ve been sharing insightful charts and analysis.
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Now, let’s dive into this chart analysis:
SNEK is a deflationary memecoin launched on Cardano. It is the most traded token on Cardano and a unifying force within the ecosystem.
Recently, SNEK showed a decent rally of 64% from the support trendline and is currently facing resistance at $0.001126.
If $SNEK successfully breaks above this resistance, a further bullish scenario will likely expected. A rejection will provide a good opportunity to accumulate SNEK at the bottom.
- Important Resistance: $0.001126.
- Support/Accumulation: $0.00078 to $0.00088.
- Invalidation Point: A breakdown below the support level.
DYOR, NFA.
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#PEACE
SNEK: $0.000 35 | A Cardano Meme Coin the gateway for CARDANO ecosystem organically created by a tight community
with a sequence of projects disclosed week after week as early as April and May 2023
early investors already sold at CEX listing
fresh whales coming in done thru ETHEREUM pair
size you entry
as handler may just emulate CARDANO's price action with a nasty shakedown
and unthinkable PUMAPAMENTALS
Target: $0.01
Validation: $0.00 151
Cost of Issuer: $0.00 00 24 to $0.00 00 18
checkout the rest of next BIg Thing
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