it has broken the ascending triangle whole market has been bearish...can it continue?
I have highled 0;36 a safe zone to enter...and 0.46-50 as a safe exit......
trade safe this is only education.
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market has tooken off with over 500% rally in a week, i am keen on a pullback at the highlighted zones.
i have been keeping my eye on this token since 0.00000043 while it has took off with its white paper released on its website now
thought i do a analysis on it, it does have a small market cap and is a meme coin so will have to be careful.
Looking at this crypto coin and its diversity i am bullish on this pair based on both technical and fundamentals with two targets to reach. if they reach fast and continue then we be looking to stay into 0.20 range and maybe a new beginging for 2021. As bitcoin rises alt coins do rise to and stellar is currently ranked 11 on coin marketcap.
like my ideas?
Overall crude oil has been recovering like other commodities since the massive drop, i am looking for an entry below the $36 dollar level.
OPEC meeting on the 9th june which will have a big influence to the price of oil.