Updated

PORT idea

I have two scenarios in my mind and both of them shows the same direction

Note

support area getting closer.. should be fair price for long term bag

Trade active

support hit. lets go

Note

beware support area goes as low as $3.47. we are in the accumulation zone now.

Note

First bump around 50% move. Expecting a move like $7.70 - $6.15 - $9.40

Im a hodler on this one

Note

I'm expecting $4.65 to hold and make a move to the resistance again. 4h momentum is oversold and depending on the market sentiment, we might see another upwards move soon enough.

While waiting, Ascendex offers good staking option for the PORT holders.

Note

$4.65 didn't hold, market still in consolidation and it seems it can go a bit lower before recovering. We are back to the previous support range, which will give another chance to accumulate before the next run.

Note

support does not hold, this should pump above $4 or it will be dead

Note

no signs of reversal and no interest from buyers apparently. idea invalidated big time

Trade closed: stop reached

crypto_chebz

Also on:

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.

crypto_chebz

Also on: