Liquidity has almost been absorbed from the green vector zone on the hourly timeframe. M formation will likely be the next move up to make a new high before coming down again. W formation is forming now at the 800 EMA.
Good Luck!
Good Luck!
Comment:
So i am seeing on coin market cap that the bridge has frozen and has a ton of transactions backed up, i think this is because someone has been buying this token on sushiswap ETH for $0.70 cents and bridging to pancake swap BSC to sell for $2.34 and as soon as those transactions start going through again price will either sky rocket or go to zero. Sky rocket seems the most likely option
Trade closed: target reached:
Price targets for longs are now done, longs are still open from the entry point