This is a macro look, we will take a look at Descending triangle a little closer.
We are in a Descending triangle, and things are not looking good as we are entering 5 weak,
Unless breakout happens - a robust one - a lot of buyers will be holding BTC instead.
D and A serving as a strong support Prices entries.
We are still in a up trending channel, and this coin will burst into action soon enough.
We have a lot of support when this will be cheaper to acquire when BTC will costs more.
If we ever get to 2 or 4 below the D and A support.
Accumulating at these levels is advisable.
Leaning Short, not in value, but relative to BTC.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
We are in a Descending triangle, and things are not looking good as we are entering 5 weak,
Unless breakout happens - a robust one - a lot of buyers will be holding BTC instead.
D and A serving as a strong support Prices entries.
We are still in a up trending channel, and this coin will burst into action soon enough.
We have a lot of support when this will be cheaper to acquire when BTC will costs more.
If we ever get to 2 or 4 below the D and A support.
Accumulating at these levels is advisable.
Leaning Short, not in value, but relative to BTC.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
