Another update on my NAV trade:
I see 2 likely options here:
1. Bearsh Chuvashov fork: needs to break down and get rejected off the lower black line to confirm.
2. Bullish Ascending triangle: needs to bounce soon (without breaking the lower black line). This one is supported by hidden bullish RSI divergence on 1H/2H. and for now, with Mainnet fork news still looming, I find a bit more likely.
Stay safe !
I see 2 likely options here:
1. Bearsh Chuvashov fork: needs to break down and get rejected off the lower black line to confirm.
2. Bullish Ascending triangle: needs to bounce soon (without breaking the lower black line). This one is supported by hidden bullish RSI divergence on 1H/2H. and for now, with Mainnet fork news still looming, I find a bit more likely.
Stay safe !
