Spell token is starting to recover and is now in a bullish trend before a small pullback.
Wouldn’t be crazy to think that this token could knock off a zero in the coming weeks, idea outlined.
#SPELL
The price is moving in a descending channel on the 12-hour frame, about to break upward
With a strong support area in green at 0.0007000, the price has already bounced from it
We have a trend to touch the Moving Average 100
We also have a downtrend on the RSI that has been breached upward
A moderate rise is expected over 3 levels
Entry price is...
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...
#SPELL
The descending triangle has been broken since July 2023
The downtrend was retested again before completing the rise.
The first goal is 0.000800.
The second goal is 0.001070.
A correction is expected after the first goal.
This bullishness is supported by oversold conditions on the MACD.
It is also supported by a moving average of 100 upwards.
SPELLUSDT Technical analysis update
SPELL price exceeded the resistance line of a descending channel pattern on the day chart, accompanied by high volume. While this could indicate potential upward movement in the coming days
Buy level: Below $0.00070
Stop loss : $0.00057
Regards
Hexa
SPELL tends to end the G wave of this diametric. If this diametric is finished, upward movements of the SPELL will begin.
It can be pumped by maintaining the green range. Two TPs are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we...
Spell is a new one for me but the probability looks decent. We’re seeing a push to the upside with 18% gains in 24hour.
Keeping an eye on the $0.0009 mark next stop $0.001 pretty intense stuff if this moves to 1/10th of a penny, but we will see how the market moves, currently volume is picking up and decreasing volume is still moving upwards so all is looking...
SPELLis is very strong here as you can see huuuge volume spike. It can run tomorrow or next week while USDT dominance will drop which is good for another leg up. I am watching this closely.
Always manage your risk and use stoploss. It is not financial advice.
The SPELL symbol has been bullish for a few days now.
By examining the waves, we found that SPELL is inside a large diametric.
Recent highs are for the ascending F branch of this diametric.
In the red box, we expect this symbol to go down and enter the G branch.
For risk management, please don't forget stop loss and capital management
Comment if you have any...
point of maximum financial opportunity?
or close?
is this thing still on?
website abracadabra.money appears active hmm
occupydefi
frognation
still the most marketable coin in the space imo
Trading Setup:
There is a Trading Signal to Buy in SPELLUSDT SpellToken
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 0.0012712
⭕️SL @ 0.0010511
🔵TP1 @ 0.0018517
🔵TP2 @ 0.0026240
🔵TP3 @ 0.0035550
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger...
