What does the chart say?
We had an M pattern formation that turned into a downtrend channel. Because the coin is new and experienced phenomenal growth, there is not much resistance until the bottom of the latest uptrend.
The identified bottom is between 0.35 and 0.52, which is our buy zone. Buying here guarantees some good profit when
I would not buy
Always do your own research (DYOR). This is just chart analysis and commentary, not financial advice. Crypto is highly volatile, and any idea can be invalidated by external factors.
Nota
I didn't filled my bag, since
I am waiting to evaluate what the market will do. Usually after a big pump, there is a correction. I do not think that we will hit an ATH this week, so let see what the traditional market will do, the SPX and maybe if necessary re-evaluate the refill zone higher.
Nota
With soon August token unlock, Operación cerrada: objetivo alcanzado
We are back in the buy zone. Time to consider refilling our bags.Another idea that worked.
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Twitter X: x.com/cryptonikkoid
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
Web: nikkoid.com
I do not answer to private messages. Use the comment section of the idea or script, or use Telegram.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.