Gaming tokens are the next big thing to pop IMHO.
CWAR is on my radar. It has had a heavy sell off and now is in my opinion in a accumulation phase. This might go on for a long period. The game is due to be completed by Q4 this year.
We have been trading in this nicely defined range that is 20% + wide. Great way to accumulate an asset.
We are currently forming a triangle patter with decline in volume - consolidation. Taking into consideration that i expect BTC to pop up i would love to see a rise on this asset also. So where to?
A swing failure pattern of the last mayor high or the 1:1 extension is my current target. I also have a daily level marked on the chart, but it has been wicked through a lot. So i do not expect mayor resistance from it. A move out of the range and a close back in it would give an easy short trade for me. With TP1 on the High volume node (possible POC of the range) and if that is lost back down to the range value area low or even lower.
I am expecting BTC to go a bit lower on the MTF also so this would tie in with this idea should tie in with the context of the market also.
No financial advice, paper trades only.
CWAR is on my radar. It has had a heavy sell off and now is in my opinion in a accumulation phase. This might go on for a long period. The game is due to be completed by Q4 this year.
We have been trading in this nicely defined range that is 20% + wide. Great way to accumulate an asset.
We are currently forming a triangle patter with decline in volume - consolidation. Taking into consideration that i expect BTC to pop up i would love to see a rise on this asset also. So where to?
A swing failure pattern of the last mayor high or the 1:1 extension is my current target. I also have a daily level marked on the chart, but it has been wicked through a lot. So i do not expect mayor resistance from it. A move out of the range and a close back in it would give an easy short trade for me. With TP1 on the High volume node (possible POC of the range) and if that is lost back down to the range value area low or even lower.
I am expecting BTC to go a bit lower on the MTF also so this would tie in with this idea should tie in with the context of the market also.
No financial advice, paper trades only.