On those deep crimson red days from the past, the daily 50 ema comes to save the day... will the evil FUD monster take him down? Tune in to the next episode of CRYPTO CURREN-Z
First time playing around with fib circles, seemed to have found a nice spot that xmr reacts to repeatedly. Posting to see what follows.
expecting this pullback to come to low prior to previous low to complete an inverse head and shoulders pattern after this nice down trend, and then off to the resistance the pumps have been getting stopped at.
SC is gonna repeat what it did for consolidation from the first pump, trades in a channel toward the trend line and then breaks out but it very well may break out of the channel before it comes to the trend line seeing as how that second pump brought a looot more attention to sc
ZEC has been building a triangle ever since they announced the JP Morgan news; I expect at the least an attempt toward that high from this upcoming breakout.
After this nice long run for NAV we have hit some heavy resistance and I believe we will be returning back down to the trend line just to confirm that we are indeed still bullish. MY target buy ins will be from 10.9-10.7 sats. Target sell will be around 17k sats; will become more precise after seeing how we bounce off the trend line. I'm expecting the same...
First published chart; if you like it check out JSburgos because it's literally one of his techniques.