#Bolt Seems like Ready for a Major Bullish Rally 🚀 Looks promising for a Channel Breakout, and if it succeeds, we might witness a +900-1000% Bullish rally in Long TERM.
Several iterations of pullbacks, higher lows recently, going to bolt soon I think
| BOLT Token | |Wait for 1hr to get low| |Wait for price to come closer to Golden Pocket/200MA| |Wait for Daily SRSI to curve back up| | Technical Analysis 4H Chart |: ✅ Cup and Handle ✅ The 4H SRSI is low ✅ MACD showing a lack of bearish momentum ✅ Volume Falling with Price ✅ RSI in a bullish Pattern ✅ Price interacting with 21MA ✅ 200MA coming up as support
BOLT retested this ascending trendline that supporting it since July-Aug. Wants to break out from this "small" descending channel that was road down for almost a full month. Last time this trendline was tested 3 times, so we could expect similar action here. If we lose this trendline as support and that horizontal support level at 0,0063, we could expect more...
BOLT still stands above 0.005$ zone, so if it doesn't lose this zone, it will move towards 0.006$ and 0.007$ zones in October. But if it loses 0.005$ zone, it will fall down to 0.004$ zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.005$ zone 🔴Buy : 0.005$ 🔴Sell : 0.006$ - 0.007$ 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.005$ zone 🔵Sell : 0.005$ 🔵Buy...
Thank you again Dubby McGee for the suggestion! We are testing the 38% fib level as support with the previous structure already. However, if we reject the zone as support the next test would be the 78% fib which is also the neck line of these W-patterns (aka previous structure). be patient and wait for confirmations or run the risk of shooting yourself in the...