MASK has had an enormous Musk influenced pump (as well as DOGE).
It broke out of a descending channel into an insane gigantic pump.
At the top this hit a whopping 516% from the low and although every market cycle is different, that easily outpaces THETA at any moment that went on to do a 43815% rally in just one year.
Now MASK appears to be pulling back but the question is where will it retrace to...🤔?
In the beginning phase of the previous bull market THETA went on a wild rally over several months to an hit an insane peak 1536% up.
Well thats not so insane now and almost seems quite tame because thats only a x3 of what MASK just did in a week!
That said with such a small time frame its not yet determined if this really is the start of a trend or just a wild pump > dump.
Anyhow when THETA hit the 1536% peak it retraced back to the log 0.382 and we'll be looking to see if something similar happens here.
But since this is such a sudden pump there is also possibility that this may have a deeper retracement.
There are support structures below at the 0.5 and 0.618 retracement as well as the 50 and 200 day moving averages that may provide support.
Golden Cross incoming btw!
We'll be looking in detail to see if there is corrective price structure to support an upside reversal that could the start of a record breaking trend 🧐!
Not advice.
It broke out of a descending channel into an insane gigantic pump.
At the top this hit a whopping 516% from the low and although every market cycle is different, that easily outpaces THETA at any moment that went on to do a 43815% rally in just one year.
Now MASK appears to be pulling back but the question is where will it retrace to...🤔?
In the beginning phase of the previous bull market THETA went on a wild rally over several months to an hit an insane peak 1536% up.
Well thats not so insane now and almost seems quite tame because thats only a x3 of what MASK just did in a week!
That said with such a small time frame its not yet determined if this really is the start of a trend or just a wild pump > dump.
Anyhow when THETA hit the 1536% peak it retraced back to the log 0.382 and we'll be looking to see if something similar happens here.
But since this is such a sudden pump there is also possibility that this may have a deeper retracement.
There are support structures below at the 0.5 and 0.618 retracement as well as the 50 and 200 day moving averages that may provide support.
Golden Cross incoming btw!
We'll be looking in detail to see if there is corrective price structure to support an upside reversal that could the start of a record breaking trend 🧐!
Not advice.
Comment:
Just to show you guys this was one of my many picks back in October 🖒.
Comment:
Could be time to buy soon.
Comment:
Crypto is starting to look frothy and indexes look ready to turn and so I think its a green light for MASK and I've made my first entry.
I'd love to buy at the 200 day MA but it may not get there.
FOMC debt ceiling issues next week but crypto is looking frothy over the weekend.
We'll see how it shakes out.
I'd love to buy at the 200 day MA but it may not get there.
FOMC debt ceiling issues next week but crypto is looking frothy over the weekend.
We'll see how it shakes out.
Comment:
Market pull back today, so perhaps the 200MA second entry may be on.
Either way this should end up on the moon as will other coins we're looking at.
Either way this should end up on the moon as will other coins we're looking at.
Comment:
Up 23% today. Not bad 😼.
Comment:
This is one of many calls in the group, but I will give you TV guys this one live as it happens.
MASK has hit our RSI target of 50.
And it has touched into support.
Nothing too complex but simple is beautiful when it works.
If BTC continues fall this may drop a bit further.
But relevant to the trend in isolation this should be relatively deep and a good entry here.
Its all probability of course so we'll see, but I would imagine whatever happens this call will be well into the green this time next month.
Enjoy guys 🚀.
MASK has hit our RSI target of 50.
And it has touched into support.
Nothing too complex but simple is beautiful when it works.
If BTC continues fall this may drop a bit further.
But relevant to the trend in isolation this should be relatively deep and a good entry here.
Its all probability of course so we'll see, but I would imagine whatever happens this call will be well into the green this time next month.
Enjoy guys 🚀.
Comment:
Don't say I didn't tell you $3.65 was a great place to buy when the RSI was low.
MASK now up 150% over the last week.
Much more to come 😼.
MASK now up 150% over the last week.
Much more to come 😼.
Comment:
Breaking out ❕
Comment:
This has been a very long correction but amid rate hikes, high yields, inverted yield curves and unemployment rising, and big bad bear Jerome banging his drum, small sub #100 coin MASK has held very well.
MASK is one of many high demand coins that I am covering. Not resting laurels on the party returning to sleepy legacy coins.
Not everyone will cheer when this pumps.
Testing the 200MA here. If it breaks through then the next wave up may finally be here.
MASK is one of many high demand coins that I am covering. Not resting laurels on the party returning to sleepy legacy coins.
Not everyone will cheer when this pumps.
Testing the 200MA here. If it breaks through then the next wave up may finally be here.
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Priority trades, round the clock updates and a 1 hour technical video per week 😼.
Get the "heads up" at critical moments - don't lose your shirt.
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Contact: t.me/dRends35
