Am i crazy or does like 1.03 T market cap seem like a super tough resistance line that we'll just bounce off of and go back lower? Can't imagine any news that would push us through this....
current bounced off upward trendline of support but need to break through that downward trendline in order to reach back to ATH. Looks like this will play out for sometime in early Feb
currently hitting resistance at .34, i'm seeing a cup n handle pattern which could put this back to ATH around .40.
Bull flag on the bigger scale but you can also zoom and see the support carrying the outbreak of the bull flag. should worry if that uptrend breaks otherwise this should be a pretty clean outbreak.
the bounce off the trendline support could signal the end of the handle in the cup n handle formation. things could rocket from here...
A lot of lines going on, but the bottom support line where it starts (1) is that upwards momentum from a couple months ago when $ONEUSD first started to take off. At (2), you can see the bull flag forming. If you take a look at (3), that's where it gets interesting. We're currently in a downward channel and heading towards that bottom support line shown from (1)....
3 uptrends, ONEUSD looking strong. in a big uptrend right now but even if it breaks below that first line we have pretty big support around .4
Everyone and their mother are waiting for this triangle to break, think this could go to 3066 which would complete ABCDE on the 1hr, otherwise can enter if downtrend line is broken. LMK what you think
Descending Triangle, could see break out of trend for Prime Day