🚀#AUCTION Analysis : Pattern Formation💲💲
🔮As we can see in the chart of #AUCTION that there is a formation inverse head and shoulder pattern and it's a bullish pattern. Also there is a perfect breakout and retest of the levels. This indicates a potential bullish move.📈📈
🔰Current Price: $26.41
🎯 Target Price: $37.77
⚡️What to do ?
👀Keep an eye on #AUCTION...
Auction reached a good reversal point. It's a strong support zone, and after a good retrace on lower timeframe, i expect it go bounce higher. Main target is the resistance zone at $35
Coin is currently trending in bullish trend printing series of HHs and HLs. Recently it has taken a correction and support from fib level 0.5 has been witnessed. Long positions may be taken.
**Short Fundamental Analysis of AUCTION Coin**
AUCTION (Bounce Token) is the governance token of the Bounce Finance decentralized application ecosystem. Bounce Finance aims to revolutionize the decentralized finance (DeFi) space by providing a suite of tools and services that make it easier for users to participate in the DeFi ecosystem. The AUCTION token is used...
Auction reclaimed its demand zone which was previously its supply zone and hovering at the $21.59 level also broke out from the trendline. We can see this at the $25.77 level until we don't break the market structure.
Entry: 21.01
Tp: 25.77
Sl: 19.78
#AUCTIONUSDT
UPDATE
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about AUCTION.
AUCTION is almost ready to Fly . In this move we can see gain upto 100%+. Always Trade with Confidence
AUCTIONUSDT.P is in strong bearish trend.
Potentially printing Lh and LL.
Bearish flag continuation pattern also form.
We wait and watch for the breakout of flag pole.
So, I'm happy to report that "fool" I am not, although it was touch-n-go for a minute there..
I very nearly repeated the exact same mistake made on BIGTOE; calling the reversal too soon..
So, like any self-respecting politician, I'm doing a 180 turn and reversing the most recent call I made on AUCTION.
It's on it's 3rd run which should then be followed by the...
**Short Fundamental Analysis of the Auction Coin Market**
The auction coin market is a niche market that caters to collectors and investors who are interested in rare and valuable coins. The market is relatively small, but it is also very liquid, with coins being sold and traded on a regular basis. Prices for auction coins can vary greatly, depending on the...
This signal follows on the previous AUCTION short scalp.
Hopefully you acted on my suggestion to get out when I made it.
This chart shows the accuracy of the Fib tool.
It's the exact same Fib tool used in the previous post on the 15th, and it has not been modified at all, you can check for yourself:
...
Mock Up Price Action for BINANCE:AUCTIONUSDT | Near Term (1W)
- Watching and waiting for opportunity to enter short
- Weekly RSI is getting pretty darn high.. This ones getting ripe for the picking
- If this continues to climb, I'm going to have to move some funds around and jump in
🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥
Potential bounce areas for Buying 33.01 and 23.74
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Share your Thoughts if you have any?
