Bepro has already broken out and is up almost 40% from entry Idea. It is becoming quite oversold so look for retest entry as it cools off.
A lot of news and hype around Bepro lately.. Integrating with BSC and bringing NFTs. Was also most popular coin on CMC lately.
Buy the news, sell the greed. Targets posted
Cheers
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Retested first fib level and if you zoom in on smaller timeframe (5min or 15min) you can see it forming a bullish triangle. With bullish conditions continuing this is accumulation for the next move higher with breakout to the upside.
@xpkenny, Well it already retested that first fib level, but if you zoom in on the lower timeframes (5min/15min), you can see it forming a bullish triangle. This is accumulation for the next move higher.
- Aggressive buy would be at the next retest of that fib level or lower trendline.
- Safer buy would be at breakout of upper trendline with confirmed breakout.
I posted an updated snapshot of pattern on lower timeframe. Best thing to do is copy this chart yourself and set some alerts for lower entry or breakout. You can find these smaller flags forming at fib levels (targets) throughout this run.
After this fall what will be the next support for you to rise again in your opinion?
chadbchilln
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@tigrudoko, Looks like it is finding support back at that first fib level again. There is also a lot of price action visible at that level on the VPVR which will act as support. Worse come to worse and it breaks below that level, look for support/bounce at the 200ma (yellow).