Qué Más Pues? I was checking the biggest losers in crypto and today Threshold was the biggest loser. Well i think its just a correction before continuation. Wait for the red line to break and the we could see a nice trend to the 0.11 level as a minimal target. Then it could form a cup and handle formation before a bigger wave to the 0.21 level as a minimal...
Threshold crossed over the LH trendline of 2023, turning bullish on the 1D timeframe (RSI = 67.372, MACD = 0.000, ADX = -21.212). This is a confirmation that a new rally has started, as it also closed over the 1D MA50. This has been done before on June 23rd but there was no RSI Bullish Divergence as it built up now.
Consequently, the short term target is the 1D...
Threshold (TUSD) just hit the 0.618 Fibonacci retracement level of the Bear Cycle just one day after breaking above its 1D MA200 (orange trend-line) for the first time in history. Needless to say this is a major bull target hit, the new Bull Cycle is already underway and as the 1D RSI almost reached 95.000, the overbought condition technically couldn't be...
