1000 is an important supply = demand zone for PL. Failure to break above yields a potential near term short sell set up to the recent bullish trendline.
FB gapped lower after weak earnings and a poor speculative outlook on the future of the Metaverse in early February, 2022. Today's close (217.70) sits near a previous ATH (218.62) established in 2018 prior to the 2018 recession and retested in 2020 prior to the COVID crash. We may be observing a historically established and presently being validated supply =...
The recent, larger sell-off on large cap crypto catalyzed by news events influences sell-offs on smaller cryptocurrencies, including the Cosmos network DeFi derivative, KAVA. The appeal KAVA holds to me personally is its high yield API (20% annually, distributed twice a week). This combined with its beautifully abundant swings and dedicated long term staked...
A descending trend line since the ATH yesterday is visible on the hourly chart with multiple spikes occurring due to pump and dumps and/or covering of short positions (though I have not done enough research on short interest on MANA - likely bag holders are exiting positions with each new spike). $2.557 seems to be a crucial price of supply meets demand since...