We have another solid triangle pattern that's been building up bullish momentum. Take a look at the acceleration in price (trendlines that are more and more vertical). In the last wave down, it displayed more bullish momentum than some of the other coins. I expect this coin to go up within the next week.
Nasdaq has been at its worst. when others sell, sure it can have rise but a rise trend of a joke
The_ForexX_Mindset
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Easy. This is going back to 0.16.
The_ForexX_Mindset
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Sometimes we must be apt to quickly buy then sell short then rebuy.
The_ForexX_Mindset
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Never invest when trading activity is way low unless otherwise etc. As traders buy it takes a big dip. Unless something happens in trending fast otherwise when taking its time, this gives traders time to buy then Dips.
jmalique90
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@Saver0 appreciate your analysis! any updates on SKL? I know the market is shaky and unpredictable but do u think it will still hit its target? thinking about entering short term
Saver0
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@jmalique90, Yes, everything is still looking very bullish. I will update later today my analysis on multiple cryptos. 0.172 hit and this should be the absolute exhaustion point based on my analysis for price to remain bullish. It's possible for us to see a quick dip one last time, higher the velocity and quicker the rejection, we will know that its a trap and the movement is set for bulls to take over.
I really do like your.. how should we say.. shobby ron-burgery (not burgundy) klonn line derivative chart pattern! very nice way of forming the spatch, although your gollyvar spindle wedge is in need of a bit more careful estimations.