Long
✴️ Spell Token Hits Bottom
Spell Token (SPELLUSDT) hit bottom, but how do I know this?
The drop ending 17-August is really strong and steep, this is an excess.
This excess ended up producing a bullish divergence between price, the RSI and MACD. The trading volume is much lower in August vs March, telling that the bearish trend is losing strength.
Today we have above-average volume and a bullish reversal candlestick as prices move above EMA10.
That's how I know the bottom has been hit and now the price for this pair is ready to increase.
Namaste.
The drop ending 17-August is really strong and steep, this is an excess.
This excess ended up producing a bullish divergence between price, the RSI and MACD. The trading volume is much lower in August vs March, telling that the bearish trend is losing strength.
Today we have above-average volume and a bullish reversal candlestick as prices move above EMA10.
That's how I know the bottom has been hit and now the price for this pair is ready to increase.
Namaste.
Note
We have a very strong confirmation as a bullish breakout coupled with the highest volume ever. This might mean that the bottom is in.Bottom catch.
The uptrend can last for months if or years... But growth is already taking place.
40%+ since yesterday... Enjoy the profits.
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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.
🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
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.