PRIME Trading in Upper Price Range, Potential Breakout?COINBASE:PRIMEUSD sees continued action, with prices rising to the upper price area in the current positive growth trend. Will we break above $18 today? Looks like we could be getting closer.
Prime has seen some excellent performance for a number for weeks now and one to keep on the watch list. I also love the space-themed design and beautiful graphics. Check out PRIME if you haven't had a chance already!
Project Info
PRIME is the utility token for Echelon and its ecosystem of games. PRIME powers token-gated products, services, and experiences called PRIME Sinks.
PRIME is distributed through Gameplay and Sink Distributions.
The total supply is 111,111,111. Live circulating supply is viewable on echelon.io/prime.
docs.echelon.io
Remember Habibi, the desert tests your will not your strength.
PRIMEUSD trade ideas
PRIME Optimizes Profits for Savvy TraderOur head of TA in NYC sent me a positive outlook this morning on COINBASE:PRIMEUSD which is showing some strength as a strong horse in the race today! Our camels here in Western Asia are jealous. We definitely see the potential in how PRIME powers TCG, now and in the future.
Currently up 12.33% on the 1 day and 16.32% on the 1 week timelines.
An exciting market to be in, we have a few at our trading desk stacking up margins right now with some crazy price action today. We have a positive outlook for continued growth here at Coinrabia Trading Co. and are looking forward to the next entry buy after the next dip which looks to be on schedule for an approaching downtrend.
Travel with PRIME to outer space? Looks like they have the space station ready to go.
--> echelon.io
Definitely take a look at PRIME if you haven't before, and we don't mean the giant robot.
Remember Habibi, don't look for financial advice in a camel's ass.
The desert tests your will, not your strength.
Why you should use VRVPQuick tip / one of my favorite indicators -
VRVP basically measures historic order book volume - helps you identify/reinforce significant support/resistance levels, helps set orders, especially limit buys, because you know where it's likely to catch support (at the edges of these historic high volume ranges). Also helps you prepare for fast moves up or down when it breaks through the edges of those ranges.
happy trades
CD
PRIME in weekly chart Hello
There are a vast majority of symbols and so many opportunities in this market, but we should be careful about them because some of them won't be able to bear the next competitions for collecting sufficient liquidity for their survival. It means those fake projects and scams are not
our only problems and we should know that in the next rally we will see an incredible amount of unprofessional people participating in this market that are reliant on visual findings or emotional recommendations.
What I am trying to say is that in the next rally we will see big groups of investors who are not predictable unless we consider EW principle in our analysis because it works with MAS PSYCHOLOGY.
This is why EW works better in every market gathered bigger groups of amateur participants such as Stock and Crypto markets.
For this symbol, Prime, every thing is obvious and there only 2 scenarios:
1. Rally from here
2. More correction and then rally
It means that we are in a correction and whatever happens the next rally is going to start very soon.
Thanks
PRIMEUSD - Strong Trend Line TestStrong trend line in green on this 4Hr chart for PRIME
If price hodls this green line and moves above the red dotted line upsides should be expected
If it moves below the green and white line the trend line has broken and another structure will take form.
Trend Line Analysis
Prime - GameFi - crypto gaming tokensTargets :
Target 1: $10.36
Target 2: $12.76
Target 3: $18.91
About Echelon Prime
PRIME is the native token of the Echelon Prime Foundation, a Web3 ecosystem advancing the next generation of gaming. Echelon creates and distributes tools to encourage innovation in, and promote the growth of, novel gaming models and economies. The first game to adopt and utilize PRIME is Parallel, a sci-fi trading card game
Prime up or downI think it needs to find some buyers or some news to propel it back over 3$ , but technically speaking volume is trending out sellers are drying out , and it's way oversold on multiple time frames so time for it to have a bounce from here how much of a bounce depends on how much interest it generates , NFA DYOR