Abracadabra.money is a lending platform that allows users to borrow funds using Interest Bearing Tokens as collateral. SPELL is its token, used for incentivaztion as well as voting right when staked. There is not much TA to do on this chart. I'm posting it because I watched it last month and forgot about it until I see Coinbase Pro listing announcement. I...
RSI &BBands also breaking to the upside. Good momentum on a key "defi 2.0" play.
$SPELL broke out the pitchfork p3 sub3 zone and seeking to test the p1 line. This is a bullish setup for $SPELL as we can expect $0.023 ~ a new ATH perhaps. Let's see how the bulls react on p1 line as it may be more interesting if we see a breakout Keep an eye on it
Well, i took some of my time to look into Spell, and analysis it graphs, i used ALMA, VPVR, Support and resistance to make that analysis. Well, at 2 am, Spell went down about -20%, reaching the support as we can see in the only red on the left (Also, the ALMA is representing an Support), as we can see, the VPVR is pretty low an low market interest in the area of...