Open interest has declined significantly, which is a green light for growth! I also wrote earlier about the concentration of leading assets in hands and that we will see card draws on a number of assets by market makers. From a technical perspective, we see consolidation above the parallel channel and an up trend at the 50 EMA. Blockchain analysis still points us to further upside, buckle up!
Trade closed: target reached
=)
Horban Brothers - Innovative finance. Join our journey:
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Telegram Channel: t.me/horbanbrothers
X: x.com/HorbanBrothers
Related publications
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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.
Horban Brothers - Innovative finance. Join our journey:
Telegram Channel: t.me/horbanbrothers
X: x.com/HorbanBrothers
Telegram Channel: t.me/horbanbrothers
X: x.com/HorbanBrothers
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.