Prq is looking to drop here in the next few days with a head and shoulders pattern forming on the daily. I’ve been following Prq for a while and it seems to be predictable.
I don’t know, who really does? Maybe I should hire a monkey to throw darts at stocks.
The following content is machine translation:
With the positive news of BTC, the BTC surge is about to reach new highs, and the small coins are also about to move.
PRQ, completed the bat-shaped rebound, stepped back, and the big Yang line reversed. See more.
Volume is also beginning to increase.
If you step back again near 0.618 (0.61), you can intervene in...
Something like Parsiq, you can't rely as much on an "Exchange Chart" to TA. I am using CoinPaprika via a different charting solution to get levels of interest and then replicating that on to this chart to publish.
Looks like we should be getting more relief upward here for Parsiq. After this is met, this should find a heavy rejection. Correlating to my Bitcoin...
This coin has a zigzag pattern... you want to be in the "zig" and not the "zag" so to say.
Keep an eye on it, especially when it comes closer to the bottom horizontal trendline, and keep an eye on what it's doing.
PRQ had a quick and solid run and seems to be consolidating nicely now for two months. I see 3 channels broken out to the upside and a double bottom, with the second bottom establishing higher lows. I could see another run of similar size to the one in January.
This is not financial advice.