AUTO/USDT Update: Bullish H&S last time buyAUTO/USDT just forms a bullish head and shoulders pattern.
If this pattern gets through we now look at the best and currently last opportunity for a good entry.
After the first barrier we look at 8k and then finally 16-20k.
There was a volume increase touching the upper resistance --> Bullish sign.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
AUTOUSDT
AUTO/USDT Recent listing on Binance and all Coins in circulationAUTO got recently listed on Binance and is still a very young project.
It's a yield farming aggregator running on the Binance smart chain and Huobi Eco chain.
After the listing we got back to the price level from before.
However nearly all coins are currently in circulation and both chains are getting more and more attention.
The pevious ATH is around 13'500$ and therefore our second target.
Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.
