Buying pressure on the hourly has created an effective floor. We have a price shock to the upside possible. As you can see the descending wedge in the regression channel has almost completed and is about to break trend to the upside.
Someone bought heavy to the point of owning over 5% of the current float of TSUKA, this could be a whale, or this could be an exchange gearing up for a secured launch.
NFA - I am long TSUKA and am buying as much as I can afford.
Trade closed: target reached
Break to the upside is confirmation for a temporary rise, it may start to gain some momentum in the next few hours.
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.