The following content is machine translation:
Front bottom sideways heavy volume rebound.
Suppressed by the downtrend line.
Reached the front bottom and rebounded again.
The indicator macd energy column is gradually approaching the zero axis.
Bottoming and rebounding, see more.
The following content is machine translation:
It has fallen to near historical lows.
The decline was unstoppable, and the weekly sideways fluctuated within a narrow range.
The indicator macd energy column starts to move closer to the zero axis.
The bottom is sideways, waiting to rise.
This coin took a steep dip after my last post so I thought I would make a post for those that possibly went long
Similar points in green on chart and on MACD indicator
This coin have a lot of potential once he will break the resistance he can fly to the previous ath and more.
One VCP in daily, RSI breakout.
I open a swing trade now.
1% risk
30% SL
Per title and as you can see, CREAM has been trading within the same channel for quite some time, no reason to expect anything different for the foreseeable future. As always, DYOR, not financial advice, yada yada yada...
My previous video on cream was pretty bullish and I hypothesised the case for a stop hunt toward the 60k range. It went further than expect right into another support range. We saw pullback right into the previous support range.I also was assuming that Bitcoin was not crashing this hard so fast.
Chances are that we will still see price discovery toward that...
CREAM is one of defi tokens that didn't see the light of a huge breakout. Things might change soon as liquidity will soon want to rotate from high performers to the lowest ones against the DEFI index. CREAM however suffers the unit bias problem which could explain the fact it barely moved OR early hype that faded away with price coming down (while market-cap...
