Realistic WLUNA...
- 4M liquidity
- minting supply
- Increased volume/holders
Let's analyze this by the facts as traders do. I'll take a bullish & bearish stance.
Bullish:
- RSI finally moving after a week in the undersold zone as accumulation racks up, denotes stabilization of the price, set up for rocket
- Constant bounce off support of 0.00175, optimism for a moon if this continues to bounce off
- Do Kwon news and or positive sentiment by trading platforms has helped this support stay for the mos part, if anything else positive happens it should be a good buy
Bearish:
- right now, it is in a downtrend for price correction, this is normal, but also bad for a coin with not much optimism around it lately
- breaking the support at 0.000175 is fine really, as long as it does not go below 0.0001, this will send the bears in
- the RSI is a weak indicator at the moment and if it fails to go towards the overbought territory, there will be no rocket
- there is constant selling at around 0.00025, right now there is no momentum for a bullish run except for the bounce off resistance
:)
Let me know what you guys think, I am currently bullish. All in at 0.13 with a sell order at 0.8.
- 4M liquidity
- minting supply
- Increased volume/holders
Let's analyze this by the facts as traders do. I'll take a bullish & bearish stance.
Bullish:
- RSI finally moving after a week in the undersold zone as accumulation racks up, denotes stabilization of the price, set up for rocket
- Constant bounce off support of 0.00175, optimism for a moon if this continues to bounce off
- Do Kwon news and or positive sentiment by trading platforms has helped this support stay for the mos part, if anything else positive happens it should be a good buy
Bearish:
- right now, it is in a downtrend for price correction, this is normal, but also bad for a coin with not much optimism around it lately
- breaking the support at 0.000175 is fine really, as long as it does not go below 0.0001, this will send the bears in
- the RSI is a weak indicator at the moment and if it fails to go towards the overbought territory, there will be no rocket
- there is constant selling at around 0.00025, right now there is no momentum for a bullish run except for the bounce off resistance
:)
Let me know what you guys think, I am currently bullish. All in at 0.13 with a sell order at 0.8.