UnknownUnicorn9192086
expected react toward 210
trend may have settled along the lines.
the rsi is overbought on the hourly. new entries may be available in the weeks prior to the end of yield farming incentives
divergence last night. still not expecting a sustained run until after nov 15 when yield farming runs out
still trading within the triangle. expect bounce
it is possible that a bear flag is forming. this could take the asset as low as 700 to fill heavy demand around 650. on the other hand, a strong turn to the upside can occur at any time, however large moves to the upside may be reserved for news surrounding a coinbase listing, which may easily find the asset to double in price.
The trend is still bearish until a break above 4.36 occurs
This chart has huge potential. triangle breakout forming on the daily. target price 60. volume requirements are low
there are approximately 6 months until MUE is due for a rally. the trend analysis marks the upturn toward higher trade levels of roughly double the current trade price, which lasted for roughly 6 months before showing a trend of sharp volatility. there is roughly a month left before prices are due to double
the chart is a simple trend analysis, showing bullish potential in the market
the price has been settled on the trend line. the triangle parameter is adjusted from the summit shadow. major resistance at 5.5
after the recent break. measurements are still lining up with previous projections.
the price is moving sideways over the trend line. this may continue until the macd flips over again. one of the reasons for this may have been that a large buy order, after reaching the resistance trend, triggered a sell to the support trend line.
price action may rise to meet the intersection before correcting and determining the validity of market strength in order to move toward the summit and higher
on a strong climb, the trend lines would represent levels that are locked into as short term accumulation levels.
the ascending channel suggest bullish accumulation. sans consolidation, a move to the upside would occur when it is complete