okay i think i figured out how to properly add an update lol
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excellent.
just waiting for a breakout now
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got stuck at the .786 fib line on that last breakout. let's try this again.
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breakout surpassed .786 fib
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testing support along the bottom channel line
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covering lost ground from the little btc pump, gaining momentum
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this coin pumped a little too fast for my taste earlier today: i sold half of my nav. as far as it keeping support at this level, i'm still unsure at the moment but looks to be holding decently.
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bought back in after seeing how strong nav held against btc going up... currently it looks like we are about to shoot up again
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here are the two possibilities i see happening, with the one in black being more likely IMO
OVERVIEW: price was steadily riding the trend line for the first month then it shot up on a sort of fomo trend, from there it started correcting, but the correction went a bit too long due to emotion being a big influence. once it corrected back to the trend line it got rejected most likely also due to emotion being a big player, so it consolidated again and pumped well above the trend line. now it is consolidating straight toward the trend line which leads me to believe a huge pump similar to the first is going to happen over the course of the next few weeks
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i've switched to coinigy so sorry the chart isnt embedded into that update
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.