✴️ Chrono.tech | Still Needs Confirmation But...TIMEUSDT (Chrono.tech) just hit a new All-Time Low recently when it comes to its price and also on the RSI.
The last session came in as an inverted hammer after trading went flat.
The curved downtrend line can't keep up much longer... This one still needs confirmation but, I can bet money that it will be soon moving up.
Maximum weeks, no more than a month.
Still, make sure to have a plan and also an invalidation point.
Do your own research before trading.
Namaste.
TIMEUSDT
TIME analysis on requestI've been asked by many accounts to analyse TIME. So, this is what I think in a nutshell: I wouldn't risk money on this one. Yes, it can pump as this happened already twice but if the truth is that if you check the volume spikes this looks more as a P&D coin.
I wanna state clearly that for me the majority of crypto projects are useless and or scam, I checked on it and seems to be human resources on blockchain. The blockchain adds almost nothing to HR so to be it's like a blockchain label on thing which already exists and doesn't need the blockchain to work better.
Back to TA: volume spikes in proximity of pumps, for the rest you can clearly see the volume is almost absent with majority of transactions far below the top of the peaks. This makes me think that's a P&D token. If the project is not a scam (I might be wrong) it's a P&D token for now.
Daily chart:
If you wanna ride the P&D I'd wait for this OB area to enter, of if market is particularly bearish even the FVG below.
In general I wouldn't risk money on this.
Good luck
