Spell super shortSpell gave a good Fbuy print push so that that sell print can make way to short. As the BTC is down we are still shorting. DYOR
Spellusdt buy opportunitySPELLUSDT is currently exhibiting a large inverse head and shoulders formation, with the price presently forming the right shoulder. This pattern is typically a bullish reversal indicator, suggesting potential upward movement. Our focus should be on the accumulation zone, which presents a promising
SPELL/USDT idea The move up was too impulsive hitting the trendline above I see us forming a heading and shoulders rejecting the trendline and heading lower. One more low followed with an accumulation before take off
#SPELL/USDT#SPELL
The price is moving in a descending channel on the 12-hour frame, about to break upward
With a strong support area in green at 0.0007000, the price has already bounced from it
We have a trend to touch the Moving Average 100
We also have a downtrend on the RSI that has been breached upward
A
Spell Token (SPELL)On the above 2-day chart price action has corrected over 80%. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Price action corrects to past resistance/support.
3) Price action backtest is also the Fibonacci 0.236
4) Finally, the flag breakou
#SPELLUSDT (Watchlist) 6-2024SPell has rebounded off its main support level at $0.0007, showing a potential formation of a bullish pattern, possibly an inverse Head & Shoulders or a Cup and Handle. A breakout above $0.00185 could propel the price to $0.0036.
Current levels suggest that averaging into a position now could be a
Wave illiot analysis for Spell coinHello Dear traders,
Here is an Analysis using Wave theory for the next moves.
$SPELL LOOKS READY FOR SOME BIG MOVESWe finally broke out from the downward trendline .. a healthy retest and we are in for a crazy move on spell
#SPELL/USDT is heading towards a retest of the Diagonal Trendlin#SPELL/USDT is heading towards a retest of the Diagonal Trendline in 1-Hour TF!
Wait for a successful breakout and retest of the Diagonal trendline to open a long position. The local support level is PWH $0.000873.
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