It's very clear and easy to see.
Melon has done what most other half decent alts have done: double bottomed and had a strong upward movement. Melon has never really had that much trading volume, however I believe this is a quality project and the team have been working hard and transparently and have been on target achieving their goals. OK, that was FA, but just thought I would counteract the low volume point.
I don't own any Melon right now and I ain't no FOMO foolio either, so I am waiting for the right time, if there is one. If there isn't, that's fine too; plenty more fruit in the trees. So my personal plan is to wait for Melon's price to come down to that previous lower zone, then buy. That's what I'm doing, not advice, hey hey.
Any comments, fire away below.
Melon has done what most other half decent alts have done: double bottomed and had a strong upward movement. Melon has never really had that much trading volume, however I believe this is a quality project and the team have been working hard and transparently and have been on target achieving their goals. OK, that was FA, but just thought I would counteract the low volume point.
I don't own any Melon right now and I ain't no FOMO foolio either, so I am waiting for the right time, if there is one. If there isn't, that's fine too; plenty more fruit in the trees. So my personal plan is to wait for Melon's price to come down to that previous lower zone, then buy. That's what I'm doing, not advice, hey hey.
Any comments, fire away below.
Comment:
Come down, baby. Everything going to plan just as it did with Enjin Coin. Patience is key. Note positions of RSI and Stoch.
Comment:
Looking good: RSI (almost) and stochs both hit oversold just as price hit resistance.