After a major swing upside, Radix is coming down to the support level. On the daily it's likely(!) you will see positive divergence on the RSI in the upcoming hours/days.
Even the cup-and-handle formation is still in charge to be formed although it will be take longer then I primarily thought it would take to create. A lot depends on how the whole economy and crypto-market will develop.
Even the cup-and-handle formation is still in charge to be formed although it will be take longer then I primarily thought it would take to create. A lot depends on how the whole economy and crypto-market will develop.
Comment:
The idea is (a bit) invalid because the Radix team has decided to postpone the launch of Babylon to the end of September.