Now that BTC, ETH, and some top alt coins have had a significant run it may be time to give some attention to the lower cap deg plays.
Looking at the wave the trend and money flow oscillator we may be approaching that point in our macro cycle.
Bear in mind this a weekly line chart ment to show the current progression of what is hopefuly a macro market cycle shift .
With that said Super Farm is a super degen play alt coin with a much higher risk profile than higher market cap projects.
TA method on the chart utilizes the circle to map out 15 degree increments to project significant time and price levels. The circle is used to plot an average rate of progression using past price lows and a project this rate into the future. Tyically we see a significant price level established at each 15 degree increment. Each point these 15degree increments pass through the average rate also typically will be some kind of pivot. The outer edge of the circle will typically be when time and price have reached a balance point and the move will end.
In the comming weeks if we see price movement in low cap coins we will be doing a macro outlook on several of these kinds of projects
Looking at the wave the trend and money flow oscillator we may be approaching that point in our macro cycle.
Bear in mind this a weekly line chart ment to show the current progression of what is hopefuly a macro market cycle shift .
With that said Super Farm is a super degen play alt coin with a much higher risk profile than higher market cap projects.
TA method on the chart utilizes the circle to map out 15 degree increments to project significant time and price levels. The circle is used to plot an average rate of progression using past price lows and a project this rate into the future. Tyically we see a significant price level established at each 15 degree increment. Each point these 15degree increments pass through the average rate also typically will be some kind of pivot. The outer edge of the circle will typically be when time and price have reached a balance point and the move will end.
In the comming weeks if we see price movement in low cap coins we will be doing a macro outlook on several of these kinds of projects
Comment:
Trading view hasn't figured out yet that there is a need for a fixed circle yet so unfortunately you may have to adjust the price bar for the circle to fit betweens the line as it should. Circle should begin at white line, end at red line, and the circle bottom should be same as the bottom price