ALGO is preppin for a massive shift based on the latest price behavior.
After goin parabolic late last year -- tapping the 0.50 mark, algo like the rest succumb to red season -- had to experience corrective pressure of the market and touching a weighty trim down to sub 0.20 area.
Today, an apparent bear saturation has been spotted. Based on the diagram we are seeing some basing zone at the higher channel -- price is being magneted on this higher area; inching closer as days progresses on that exit zone hinting a possible break in structure soon.
Ideal seeding area is the current price at 0.180.
Spotted at 0.18
Mid target at 0.5
Long term. 0.50
TAYOR. Trade safely.
After goin parabolic late last year -- tapping the 0.50 mark, algo like the rest succumb to red season -- had to experience corrective pressure of the market and touching a weighty trim down to sub 0.20 area.
Today, an apparent bear saturation has been spotted. Based on the diagram we are seeing some basing zone at the higher channel -- price is being magneted on this higher area; inching closer as days progresses on that exit zone hinting a possible break in structure soon.
Ideal seeding area is the current price at 0.180.
Spotted at 0.18
Mid target at 0.5
Long term. 0.50
TAYOR. Trade safely.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。