want .019 - .02 to hold, hopefully
idk what the character limit is, aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
Added Fibs to the phases. Turns out that the pivots of the first 2 Phases actually align pretty well with each other with respect to the fib levels they happen at.
#SPELL is experiencing the pullback after the attempt to broke through the #ATH failed. The descending movement met support at the previous resistance level. The asset also reached the mid-term bullish trendline and is bouncing off that. If the trendline holds we are expecting to see the continuation of an ascending trend up to resistance level at 0.027$
$SPELL broke out the pitchfork p3 sub3 zone and seeking to test the p1 line.
This is a bullish setup for $SPELL as we can expect $0.023 ~ a new ATH perhaps.
Let's see how the bulls react on p1 line as it may be more interesting if we see a breakout
Keep an eye on it
Just a quick chart for a friend, it looks like a possible bull flag forming in the $.018 range.
The 20 and 50 EMAs are acting as support for the bullish rally over the 15th and 16th of October. I marked other local levels on the 2h chart; I'd include more history but the FTX chart was the only USD pair I could find and it's data only goes back a week.
Looking...
