This chart looks a bit too familiar from 2017-2018. Any thoughts?
Boson is finding good support on Fibonacci 23.6 line and is currently in a nice accumulation channel before it makes major move up. I outlined 2 potential targets before reaching $5. We are currently seeing a similar patter developing for ICP/USD and have seen the same pattern previously developed with Shiba Inu (see my SHIB post) before it made its run to 0.000035.
Strong bullish candle on the 1D chart. New higher low. Possible move up.
As you can see on the 1D chart GRT seems to be trading in an accumulation channel which indicates that the institutions are stocking up. The price may move to as low as $0.27 to pick up any loose tokens from the sellers before making new highs. We also see huge buying volumes at the bottom of the channel at about 0.45 to 0.50.
ICP accumulating in a major way. Institutions are stocking up on ICP/USD. Many blockchain insiders looking towards ICP as future of blockchain and internet. Potential for 100X. Keep it on the watchlist.
Gaps consistently close on SLNO. We are due for major gap close soon possible 2x to 3x. Massive buying including insiders.
If you look at the daily chart there is a beautiful example of accumulation (deep pockets). Also presented is a huge buying order on the support line. Ready for a long position.
As you can see KRAKEN:LTCUSD is finding good support at $85. I truly think it will retest the $105-$110. May also find strong resistance at the $95 in which case it will drop to $75 or even back to $65. Good luck trading and place your stops tight.
Long bearish trend may be over. Possible trend reversal for the end of the year.