Pretty sure there is some mathematical reasoning for this, but I wont look into it.
Regardless, Marlin has been respecting both curved lines in closed candles (check comments) since being listed.
Price recently tested the last broken structure and retrace 38% and is now up 6% from that resistance. A strong close above this zone will be a good sign as price would be on some sound resistance.
Would be a good buy at this level + staking.
Or Spot buy w/ SL below 38%.
POND is prone to large upward spikes, could be a nice swing.
Regardless, Marlin has been respecting both curved lines in closed candles (check comments) since being listed.
Price recently tested the last broken structure and retrace 38% and is now up 6% from that resistance. A strong close above this zone will be a good sign as price would be on some sound resistance.
Would be a good buy at this level + staking.
Or Spot buy w/ SL below 38%.
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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.