Market insights
$PUMP 50% Gann Retrace - Primed for Next Leg UpBack in on the NYSE:PUMP trade 🚀
Had a full 50% retrace on its CRYPTOCAP:SOL pair which should be enough ammo for the next leg higher.
Need to have several daily closes above the 20MA for confirmation.
*NOTE* I'm only trading SPL pairs rn. This way I can maintain constant exposure to SOL even if my bids do not hit and minimize the downside.
$PUMP Battle Between Buyers and SellersWill be an interesting next couple of days to watch for NYSE:PUMP
Appeared to be forming a bull pennant but that failed and lost the 9EMA.
Now is the battle between buyers and sellers at previous ATH.
Must hold this level otherwise it will print 3 Black Crowes and retest ~.006
PUMP double bottom pattern in play!The price action is not odd, but fascinating. It made a tilted double bottom pattern (W) that only forms when demand on lower levels are elevated.
A nice pullback to the upper border of the raising wedge or the double bottom's neckline would let the rally continue to $0.0069 or even it could get perpendicular towards $0.01.
Let's see where it goes.









