TradingView
BallaJi
Apr 1, 2024 6:01 PM

SPELL Token --- Potential for a Inverse head & shoulders to form Long

Spell TokenCRYPTO

Description

DCA buying in the right shoulder area

could be prove to be fruitful

when we get out general Altcoin rally

The investment thesis is quite simple

people will see that Fantom might be trading at a $1.50 soon enough

And think damn , I missed a 10X

what can I buy in the fantom the ecosystem to catch up that 10X
So they venture further down the risk spectrum

And find spell, spookyswap, tomb etc

You get the idea don't you

It's the same with people seeing BTC trade at 80K and thinking damn I missed that train what else can I buy???

Trade active



right shoulder is potentially in

we have a couple resistance levels within the right shoulder to make a challenge on the neckline.
Comments
cyler1197
And it’s also on Coinbase so causals will buy it just because it’s cheap
MyCryptoParadise
What a beauty Inverse head and shoulders. Do you think SPELL will break the pattern?
BallaJi
@MyCryptoParadise, Depends on FTM
jeelan2075
Thanks buddy
BallaJi
@jeelan2075, YW <3 ... let me know if there's anything else on Fantom I need to take a look at..
jeelan2075
jeelan2075
@jeelan2075 fantom also is doing the same h & s pattern good entry upon reversal👍
CryptoHankJi
I see the same thing.
jeelan2075
thank you
More