Raiden Network as Matic tries to cover the throughput problem of ethereum.
It is starting to make progress and is still very cheap.
We are currently forming a bullflag right under the next resistance line --> Get ready to break through.
Left price range shows my entry for this trade.
The volume grows because there is an increase of interest.
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Cheers
ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
It is starting to make progress and is still very cheap.
We are currently forming a bullflag right under the next resistance line --> Get ready to break through.
Left price range shows my entry for this trade.
The volume grows because there is an increase of interest.
Enjoy the ride and don't be too greedy.
If you like the content, please like, comment and give this channel a follow.
Cheers
ps.
Chart explanation:
Green lines are tested support lines.
Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
Cyan line is for volume trendline.
Purple lines are trendlines we take a look at.
Yellow lines are for visual help only.
