Updated

SEI - Possible bottom at 30 cents?

So a bit hindsight but I had this chart unchanged for the last few weeks. Anyway, as you can see SEI formed a nice triangle pattern on daily timeframe for the last few weeks and it seems we are about to reach its estimated target later this day, whch would be around 30 cents.

Will open a long position if we get there, really should not drop any lower.

Stay safe!

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Think .32 is more likely, will bid here.

Trade active

Frontran my levels, but did catch a long from .35, willl take profits at .48-50 cents

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Looking weak, think it will tag 31-32 cents start of next week.

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Added to my position. Bullish divergence on 4h and 6h with BTC and ETH possibly bottom out. This is where you start bidding heavy.

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Unfortunately I can't update with a picture but it looks like SEI is printing an IHS, with the right shoulder around .35. If it's going to play out it should not get below this level anymore. Still think SEI is going to push sooner or later towards 0.46-48, so a pretty decent setup with a tight stop right now.

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No bueno. Think we will see .30 coming days.

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So, .30 level hit, still zero strength. But I am still convinced it will bounce sooner or later, just don't know when. Maybe another 16-20% drop from current levels. If it happens today/tomorrow, think we will see a green candle next week.

TV288

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TV288