I posted about this move previously, however my timing was a little premature. I believe we are about to see a VERY STRONG push from NASDAQ:OP into price discovery. Timing of course is the hardest part all of this... But I'm gonna say a new ATH within the next 72 hours. Shout out to Rainbow Trends for the incredible heat map indicator to help show us the...
I believe we have found a local bottom for NASDAQ:OP around $2.98. I had bids set at $2.95 so bummed that those didn't fill. However, I did add to my already long position between $3.05-3.15 The market want's more I believe & Optimism is too hard to ignore. Really liking the reaction that I'm seeing out of it at the moment in current market conditions as a lot...
I believe we are seeing a similar consolidation as previously had indicated by the first pink arrow. Paying close attention to how they close over the next few hours could be key in catching a great potential long setup here. Rather for Spot holders or those looking to wager a LONG, I believe both would benefit at this level.
$RATS - Bitcoin Ordinals This is an argument for a continuation upwards on $RATS Demand is stepping in at a higher price, see circled volume spikes on right. At the bottom you can see the Wave Trend had a continuation upward earlier in the chart at a HIGHER RSI. I believe there's plenty more room to run to break out STRONG & then possibly flips trends bullish...
Based off points given on the chart I am expecting a breakout to occur once it gets to the MA. No targets as this is a long term hold. However, I wanted to show my reasoning for why I believe the trend continues
This is my first published chart so don't beat me up too bad. Over 372 Million tokens have been unlocked to VC investors who are up 300-350X entry price. Unlocks are typically bearish & I don't believe this will be any different. However, the support seems strong at $.68-.88... so those are my targets. This is not financial advice. Just my idea on where I...