AUCTION is getting near the end of the trend line. It could still bounce off and go lower. BTC/Crypto market as a whole is currently giving me heartache.
AUCTION has a history of bouncing off the bottom trend line and running up to the middle trend line before retesting. If history repeats itself there's a good chance it will run to $39+.
Other Reasons Why I like it:
Its at the end of a triangle
There are large green candles on the Volume Indicator. The last time that happened it pumped.
The Daily & Weekly STOCH is rounding up
The Daily & Weekly VWAP has rounded up
The price has been in heaving consolidation around $24.50 for a week now
AUCTION has a history of bouncing off the bottom trend line and running up to the middle trend line before retesting. If history repeats itself there's a good chance it will run to $39+.
Other Reasons Why I like it:
Its at the end of a triangle
There are large green candles on the Volume Indicator. The last time that happened it pumped.
The Daily & Weekly STOCH is rounding up
The Daily & Weekly VWAP has rounded up
The price has been in heaving consolidation around $24.50 for a week now