- Bullet points for long opportunity
*0.5 Fib level has been strong resistance. We have just broken out from 0.5 and will close above
*20MA bullish crossover of 50MA 100MA
*Bullish Cross on RSI
*Bullish Divergence on the Daily Chart
*Bounced nicely of 0.618 Fib Level
*If we close above 0.1784 I'm going Long
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The price moved out of the accumulation zone and into the testing zone of the old ATH level.
"As we enter the bullish season, the initial target to aim for is
target : 0.45 🎯.
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that...
NUM coin - Number Protocol has been bullish and is ready to pop :) Formed a Nice Cup and Handle on 4 hour chart RSI is creeping up to the buy zone. Gains are definitely coming soon Oscillators are all Buy Strong Buy
NUM coin (Number Protocol) is definitely one to keep an eye on and or invest in as it's worth a lot more I think
From their website: "We are an open and decentralized network designed to ensure provenance for all types of creative works created by humans & AI
By making digital media traceable and verifiable, we are able to address critical issues in the digital...
The nice thing about LSE:NUM is that it a huge potential and not a lot people talking about=we are too early=great opportunity. It’s a low cap project with great partnership and very active team. DYOR
I think we might be at a reversal point as showing in the chart. Target are posted on chart.
Below 4 cent is a steal and below private/ public sale.
Risk...
The same pattern but on a larger scale. NUM is well structured in web 3.0, camera? problem for a long time, right, with patents, and others, I believe it's possible. Look, let's just question our surroundings.
This is not financial advice, just a study, please exercise caution.
I like NUM. Had couple decent trades on it. And this setup looks good as well. Holding the 4h trend very nice. Didnt form a Head Shoulder in the end, and bouncing just above trend.
In a pumpy weekend we could see pivot and supply zone being touched above. TP and Stop in chart.
Please support this idea with a LIKE👍 if you find it useful🥳
Not a financial advice🙅🏼♂️
This right here is a new project with $39.5m market cap. This right here is a good entry price using DCA to bag more of it.
As seen here, we have three major support zones on the trendline which proves a possible pullback to $2.57.
What do you think?
Share your opinion in...
It looks like the price bottomed here and bulls trying to push up, but I would like to see a break in the strong bearish structure. 0.88 - 0.86 will be a good entry for me if it confirms.
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
Downtrend is still in play with minimal market participation.
Look for break above descending resistance, WITH SIGNIFICANT VOLUME, to confirm trend reversal.
It is my opinion that most of the volume over the last while consists mainly of DCA bots, as well as MM bots.
