As I've shown on the chart we can see an obvious breakout in the RSI which gave us a pullback at the main support area, giving us another chance to pack our bags of THG, having a very nice bullish signal from the falling wedge pattern as well as the momentum of negative volume has strongly decreased which gives us the signal as the reversal point. NFA and good luck.
How well does this follow BTC? Unfortunately a lot of alts get very bullish only to be brought back down by BTC. Lately there have been several bucking that trend though.
Nice analysis. Is this coin listed on many US exchanges, or is it mostly available on DEX’s?
UnknownUnicorn26716819
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@BrianVS, I sure do agree, but luckily or unluckily the coin is not following BTC trend very well. I had a look at the project it's a play to earn kind of game project with a nice team and more than 11 million players worldwide, I guess it's pretty undervalued. Thanks for the compliment. It's currently not listed on many exchanges mostly available on Dex's but there are rumours that soon it will be listed on Binance.
BrianVS
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@JavadMoradi28, Very cool. It would be nice to have a decent entry before a big exchange listing. I really need to do more tracking of whale wallets on BSC and see what they are buying and selling to get in early on more projects. That’s the cool thing about the blockchains is that everything is transparent and fully trackable, and if you have a basic understanding of Solidity you can even self audit some possibly sketchy projects to see if they are scams.
UnknownUnicorn26716819
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@BrianVS, Agreed, good luck. You could have a look at buy flow in cryptometer.io. Looks like a good place to track whales
Nice analysis. Is this coin listed on many US exchanges, or is it mostly available on DEX’s?