It looks like the bottom. There were already big sales and buyouts recently + the fibo level and, in general, the technical level.
An upward movement can begin both immediately and after accumulation in the triangle. The creators of the project now have difficulties with the development of the project, so the white version may be the main one.
The red option is...
Idea is here.
I use three scenario. 1) Draw Symmetrical Triangle 2)Cup & Handle 3) Fibonacci Retracement
its confirmed that is Symmetrical Triangle and it will bearish or bullish... so how do we know it will bullish and not bearish?
there is a confirmation of cup & Handle on 1D chart and it indicate that it will bullish sooner....
and Fibonacci Retracement...
PMON just approached the $13 zone and bounced up quickly so we can start accumulating PMON at $12 and $13 for our targets of $16, $19 and $22 or even $24 in November. But if it loses the $12 zone, we can wait to buy it back at the $10 zone
♻️Condition : If 1-Day closes ABOVE 12$ zone
🔴Buy : 13 - 12
🔴Sell : 16 - 19 - 22 - 24
♻️Condition : If...
Este proyecto pronto sacará su la beta de su juego nft. Está en Binance Smarth Chain y en Ethereum. Tiene una comunidad bastante grande para ser un proyecto nuevo.
Estoy adentro desde los $11.50 buscando los $20 dólares por moneda.
$PMON is currently in a falling wedge and is set to breakout soon. First target will be the 0.618fib ($19), afterwards a mover towards the projected red resistance box ($35).
small target 1: $19
Big target 1: $35
Big target 2: $50
Probably still to bearish...