- An extreme local inverse head and shoulders formation can be observed in the area circled in white.
- trading just under local VWAP, great entry for anyone lacking potassium.
- HL double bottom observable on the daily chart.
- if recent trends continue to develop, a strong surge past $0.00162477 could lead to a increase in momentum.
- $0.00210914 would be the next resistance, although weaker than the one currently testing. if price continues to develop past $0.00236478, ill be looking for TP1 at $0.00274825, another rough patch through til $0.00339408 follows, about 50% thru that zone would be a good TP2 and 100% thru the zone would be my TP3. the last major resistance would be at $0.00385154 (TP4). after that, a new ATH for
BANANOUSDT becomes an increasing plausibility. i am long potassium at $0.00143801
ANYONE HAVE MUSCLE CRAMPS?
Trade active
<img src="tradingview.com/x/Llhe5HgZ/" alt="Cleaned up as I'll get it for now. Will make a subsequent post in a few days to see if I've been able to read price accurately or not"/>I wanted to clean up the image just a bit. I had assumed at first it had been taken down for clutter and all caps messages, and when I found out otherwise, I still had a stitch in me to follow through.
This is my first idea post here. I'd love to hear any and all of your constructive feedback. Do you notice something I did wrong?
Was there something about the post that you liked in particular? Any general advice I could incorporate in future ideas I might post?
Thanks, traders! :)
Note
Ok, I spoke with Chat Assistant for hopefully the last time tonight.Reasons beyond chart information I feel this could gain traction:
--I don't know if you've swiveled your head around the past 48 hours or so, but the world is heating up. I think a fun, accessible coin like this one could be exactly the distraction that could help lift spirits in the cryptocurrency community. Keep your eyes to the sky, traders.
Note
To elaborate: what I am suggesting is an opportunity for retail customers. I've gathered a reasonable amount of coins both from completing Folding Packets using the Folding At Home software that's freely available to download that helps to further scientific research around the world using your spare computing power in exchange for a regularly fauceted amount of Banano, and from just being generally fond of the chain. the Kalium and Natrium wallets available in the app store are such a breeze to use, as well. It's so much fun cycling through new accounts trying to get your little guy or monkey accessories just right. This coin just strikes me as a perfectly parallel alignment of interests.Trade closed: target reached
Zooming into the white circled area, we can see there was sudden sharp move down with an equally sharp rebound, forming a long wick. This can very well be a strong signal of a HL double bottom formation. For this to be confirmed, we would expect to see price move upward and over the green Fibonacci line, with a steady retrace and confirmation. To fully solidify our understanding, we should expect a sudden rising action to break out of the range.
Note
added note: trade is not closed. accidental input
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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.