If we are to follow a simple fractal move...
We need to go down to the grey box to revisit the range bottom, then if we break the white line (top of range) we could repeat the previous bullish move (150% from ATH) to the yellow line.
FA conditions are different this time, Master Nodes have locked up much of the supply, thus hastening price rises if there is significant demand.
We need to go down to the grey box to revisit the range bottom, then if we break the white line (top of range) we could repeat the previous bullish move (150% from ATH) to the yellow line.
FA conditions are different this time, Master Nodes have locked up much of the supply, thus hastening price rises if there is significant demand.
Comment:
So far so good. I manually scaled in a small position as soon as it hit the box then sniped someone's flickering fake ask wall around 2800 on trex. VPVR shows some resistance from 3800 to 4800 and heavy resistance from 4800 to 6600. 3800 was an obvious short term top for this move, there is a gap on the 5 minute 3560 that needs filling.
Comment:
Thank god I wasn't charting on Binance, although selling 1 sys for 96btc would be pretty sweet. This is the second time Binance has experienced a pump and dump based on compromised API keys. Let it be a warning, don't run a bot in crypto without your own circuit breakers.
In more positive news SYS has pushed through the first resistance, if BTC can stay flat-to-mildly-upward we should hit the top of the range soonish.
In more positive news SYS has pushed through the first resistance, if BTC can stay flat-to-mildly-upward we should hit the top of the range soonish.