With a clear support This will be a steady move upwards
This is one of my top bets at the moment. Squatty potty ftw.
Pe around 27. Making a lower highs in a descending triangle. This should be considered a bad sign if it breaks below the 209 resistance - but my bet is that it will break to start an slow upward trend until some good news hit the market.
Dipping below the previous resistance (which is a dangerzone/sign). New investors got cold feet from Mr. Musk rant and BTC drop. With slow crypto recovery, this will bounce back to 6-7. That is a quick gain of 30-40% – if offc. you do think crypto will not go away. As the CEO stated -they actually earn money both when the market go up and when it goes down. Long...
Then I might have earned my losses back. I did not cut losses in time. But as you can see from my chart - I notice a divergence in volume and price action and I think we will see an upward move soon.
It looks like a break out is likely to happen. My bet is the trend will push it upward.
I was thinking about selling LUNE. But then I checked my VisionVolume - which is not always right -BUT a fake move like this 4 hour chart shows tells me to hold for a week more.
With a Democratic win and a sustainable future ahead this is not likely to drop further than pervious resistance. I suggest a push back up around 112-113