Greetings fellow traders!
First time TA on Decentraland! I'm a gamer myself. So, this is one of my favorite crypto projects. Obviously I'm bullish. ^_^.
Technically speaking we're seeing a pretty big symmetrical triangle on the 1H chart. Looks like EMI 1 is signaling a bullish reversal or confirming a support. If it does, it will confirm the bullish pennant. You know the drill, wait for candles to close significantly above or below resistance or support for confirmations.
See charts for potential targets.
Good luck, be careful and may the trend gods be with you!
First time TA on Decentraland! I'm a gamer myself. So, this is one of my favorite crypto projects. Obviously I'm bullish. ^_^.
Technically speaking we're seeing a pretty big symmetrical triangle on the 1H chart. Looks like EMI 1 is signaling a bullish reversal or confirming a support. If it does, it will confirm the bullish pennant. You know the drill, wait for candles to close significantly above or below resistance or support for confirmations.
See charts for potential targets.
Good luck, be careful and may the trend gods be with you!
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