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caaaasper
Aug 12, 2020 9:29 PM

Bullish Divergence  Long

Orchid / United States DollarCoinbase

Description

It looks like accumulation is over and has broken the top part of the wedge. Looking at the MACD trend showing a bullish divergence. Small marketcap coin and rumors of Binance listing could move this up quickly.

Comment

$0.22 broken. If we break resistance at $0.247, then next resistance is around $0.27.

Comment

$0.2842 is the resistance. The RSI was high on the daily timeframe, so retrace was healthy . Support is holding around $0.245
Comments
bike4sail
It will get going again today or at least once the Binance listing happens, which should be imminent
Ruehlman
If if breaks above the .27¢ resistance what is your price target?

Also, not sure if you looked at ZRX (OX) but people are thinking it may pump another 15-30% over the weekend. Any thoughts on that coin? 😊
caaaasper
@Ruehlman, The resistance is $0.2850. When we clear these buy walls, there should be nothing stopping us from going even higher.
TradeKingPro
Keep me post it bro
caaaasper
@TradeKingPro, Still bullish
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