After running up 16000% in 7 days, AKITA profit taking happened for a healthy correction.
The [rice action data on Trading View is limited so had to work with lower time frame (1HR) to with help from 4HR and Daily to create this chart and what I believe is a good initial or buy-back-in zone based on trend, support, resistance action and a stochastic RSI cross on the 4HR, inside the oversold zone, shows downward pressure is weakening.
So we can expect a reversal to the upside soon to test the marked resistance level above.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.