Greetings,
The coin formed a falling wedge on the daily chart, on the 4-hour chart the consolidation above the area 1000 is clearly visible. The vertical volume grows on the falling price, which means that the coin is redeemed. I think that the previous pamp of 40% was just the beginning.
It is traded on a lot of exchanges, among them are the top ones like bithumb, the trading volume for the last 24 hours is 5000 BTC! Clearly, the real one is much lower, but still the volume is very decent.
Targets are in zones 1400 and 1950.
The coin formed a falling wedge on the daily chart, on the 4-hour chart the consolidation above the area 1000 is clearly visible. The vertical volume grows on the falling price, which means that the coin is redeemed. I think that the previous pamp of 40% was just the beginning.
It is traded on a lot of exchanges, among them are the top ones like bithumb, the trading volume for the last 24 hours is 5000 BTC! Clearly, the real one is much lower, but still the volume is very decent.
Targets are in zones 1400 and 1950.
Trade closed: target reached
tradingview.com/x/nLiLn5Jl/+86% +280%Note
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.