Month long accumulation period coming to fruition.
An upwards break of the pennant will likely result in a strong move. A recent coins w/a similar pattern is shib.
Bullish Variables-
-Multi bottom support @ 38%
-higher lows each bottom
-general market strength
-game popularity// p2e/ metaverse engagement rising
-rejection of the 1D 21EMA
-vibes
-Bearish Variables
-price did not retest the last broken high (prev. ath)
-havent closed above last LH structure...yet
An upwards break of the pennant will likely result in a strong move. A recent coins w/a similar pattern is shib.
Bullish Variables-
-Multi bottom support @ 38%
-higher lows each bottom
-general market strength
-game popularity// p2e/ metaverse engagement rising
-rejection of the 1D 21EMA
-vibes
-Bearish Variables
-price did not retest the last broken high (prev. ath)
-havent closed above last LH structure...yet
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
