Unfortunately due to technical problems I was unable to enter at 0.06 just where I thought it might bounce, I hope Blok will give me a second chance.
I put the graph on a TF of 4h to try to understand if Blok can retrace within this Flag to retouch the lower bar which would rest on the MA from 22 and a nice support at the price of 0.08.
I think we can lateralize a couple of days later by consolidating the price between 0.085 / 0.095 where it will be tested by yet another hard to break resistance as it has been tested multiple times by gaining strength.
After this phase, I believe that BLOK returns to its previous highs and this price will no longer be retested.
I think it is the last tram stop at a price below 0.10.
Luck has it that at a price of 0.10 cents a very visible head and shoulders would be created which would further consolidate the idea of a powerful "Glitch" style Breakout at 0.10 cents.
What do you think?
I put the graph on a TF of 4h to try to understand if Blok can retrace within this Flag to retouch the lower bar which would rest on the MA from 22 and a nice support at the price of 0.08.
I think we can lateralize a couple of days later by consolidating the price between 0.085 / 0.095 where it will be tested by yet another hard to break resistance as it has been tested multiple times by gaining strength.
After this phase, I believe that BLOK returns to its previous highs and this price will no longer be retested.
I think it is the last tram stop at a price below 0.10.
Luck has it that at a price of 0.10 cents a very visible head and shoulders would be created which would further consolidate the idea of a powerful "Glitch" style Breakout at 0.10 cents.
What do you think?
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。
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。