RAMP currently looks like a lot of other alts. At previous resistance levels. Possible for another small pullback similar to yesterday, but if/when this current resistance is flipped, a couple of nice targets I'm looking at
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RAMP chart looks a lot like many others that have popped big already (see SRM, AVAX). I don't know if RAMP has the same sort of fundamental catalysts that those projects had, but the 4hr charts do look similar with this choppy upward movement leading to breakouts.
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If we can get a close above this resistance, I think we are good to go to the next level
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There it is
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Quite the fakeout. Have adjust TL to the more forgiving version. Hope the blue box holds.
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Lost the most forgiving version of this trendline I can draw, but holding the important horizontal:
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Almost got to second target.
Regardless, incoming:
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RAMP has been a wild ride the past week, but the important areas that needed to hold, held and short term targets were hit as well. Still more left in this one though imo.
Trade closed: target reached
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Forgot to update this one, but original targets were hit. Was a wild ride getting there, I assume due to the Binance trading competition. Long term, I'm holding a bag as RAMP is a good platform for lending/borrowing as well as farming/staking.
Short term, the pattern is not what I'd call bullish and we seem to have completed a 5 wave move up. So in the midst of wave 2 correction and I've marked levels of interest. Blue box is still must hold region for me.