Potential channel 340/118% price in its lower zone. The volume of buyers is observed. Wedge (secondary downtrend), the price moves to break its resistance. A similar trading situation as on the ICP before the trend reversal.
Coin Market: Small Love Potion
Past trade idea on this speculative "group 4" creation
SLP/USDTdowntrend channel.Working on the instrument
+240%
Coin Market: Small Love Potion
Past trade idea on this speculative "group 4" creation
SLP/USDTdowntrend channel.Working on the instrument
+240%
Kommentar:
level 613 became a downtrend reversal. +50%, price reached downtrend resistance (red). A large volume of the buyer came in. Fake volume, redemption of their large orders, but the effect on the chart is there. Local pullback after the momentum. Now the price is in the zone of the level of 810
Kommentar:
1 hour
Kommentar:
price again approached the resistance of the downtrend channel (secondary trend). There is potential for a trend reversal. But remember, the project is a speculative scam, so it is suitable only for local work, taking into account the risks.
Kommentar:
+30%
Kommentar:
After the breakdown of the resistance of the downtrend (secondary downtrend) a local channel is formed. The price at its lower part
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Kommentar:
Over +100% from the breakout of the local downward wedge to the resistance zone of 1144 "Entered" (for the chart) a huge buyer volume. Squeeze to 0.136. Now a pullback to the local sidewall zone.
Kommentar:
Rollback after the + 107% impulse that formed a wedge-shaped formation. The price is now in the inner channel zone. Potential reversal zone.
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Similar trading situation as on ATOM/BTC 13 01 2021 before the trend reversal, but on ATOM managed to fail the price below the last squeeze-out