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PORT idea

By crypto_chebz
Updated
I have two scenarios in my mind and both of them shows the same direction
Comment
support area getting closer.. should be fair price for long term bag
Trade active
support hit. lets go
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beware support area goes as low as $3.47. we are in the accumulation zone now.
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First bump around 50% move. Expecting a move like $7.70 - $6.15 - $9.40

Im a hodler on this one
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snapshot

I'm expecting $4.65 to hold and make a move to the resistance again. 4h momentum is oversold and depending on the market sentiment, we might see another upwards move soon enough.

While waiting, Ascendex offers good staking option for the PORT holders.
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$4.65 didn't hold, market still in consolidation and it seems it can go a bit lower before recovering. We are back to the previous support range, which will give another chance to accumulate before the next run.

snapshot
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support does not hold, this should pump above $4 or it will be dead
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no signs of reversal and no interest from buyers apparently. idea invalidated big time
Trade closed: stop reached
Chart PatternsTechnical IndicatorsportportfinanceportusdtTrend Analysis
crypto_chebz

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