Hi Traders,
This could have 2 bullish scenarios, I think the dump was it, to find the bottom.
a) A big move dump and pump with a 1, 2, 3 impulse, unlikely
b) A re-accumulation structure with the assumption its alt season.
Scenario b) could have us in the lower levels for some time and as people milked it for what it had.
If it was xrp, they would have fomo 'ed in but the HOT community, does it exist.
Bearish thoughts, this could be a topping formation.
I'll just use some of the HOLO profits back in and not look at it for some time.
For now, I'm just going with this formation, and looking at its target levels,
How it get there is the question. We need to stalk it moving foreward and see what clues it drops.
All the best,
S.SAri
Big picture.
This could have 2 bullish scenarios, I think the dump was it, to find the bottom.
a) A big move dump and pump with a 1, 2, 3 impulse, unlikely
b) A re-accumulation structure with the assumption its alt season.
Scenario b) could have us in the lower levels for some time and as people milked it for what it had.
If it was xrp, they would have fomo 'ed in but the HOT community, does it exist.
Bearish thoughts, this could be a topping formation.
I'll just use some of the HOLO profits back in and not look at it for some time.
For now, I'm just going with this formation, and looking at its target levels,
How it get there is the question. We need to stalk it moving foreward and see what clues it drops.
All the best,
S.SAri
Big picture.
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This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.