Inspired technical s from a followee. Risky asset, assets have to start somewhere. 24 hour volume 23.22M (low - by that prefer something over 700M). Market cap (low - 33M). Trade with caution. Make sure that you learn from anything you do. Next time Crush It!
Timely support on Monthlies seem difficult to find and draw. Because of this, concluding choppy and unproductive, and therefore risky. Having said that, zooming in on Weekly and Daily time frames seem to be more accurate. The latter daily more so.
Price levels with what I think are support/resistance levels on left against Tether. On the Right (what Token is this again?), TRB/BTC.. Using FSR (Fractiles Support and Resistance - Indicator on Daily), any Green and any Red a support and resistance, may be an indicator for a breakout or breakdown.
OBV looks good and consistent.
Be nice to get some fibs on this and possibly a fib channel. Someone?
Timely support on Monthlies seem difficult to find and draw. Because of this, concluding choppy and unproductive, and therefore risky. Having said that, zooming in on Weekly and Daily time frames seem to be more accurate. The latter daily more so.
Price levels with what I think are support/resistance levels on left against Tether. On the Right (what Token is this again?), TRB/BTC.. Using FSR (Fractiles Support and Resistance - Indicator on Daily), any Green and any Red a support and resistance, may be an indicator for a breakout or breakdown.
OBV looks good and consistent.
Be nice to get some fibs on this and possibly a fib channel. Someone?
Comment:
Regarding On Balance Volume (OBV). Current Volume is below November 2022 and the price is way above Nov 2022.