Supply line updateAs you can see, the price reached the middle line and went up Now it is again close to the middle line of the channel, but due to its sharp drop, we can also think about the bottom of the channel.
BODENUSDT trade ideas
BODENUSDT Supply LineI think this price is a good support for the price and if it does not lose it in the right way, it is a good place for the price to rise.
BODEN isn't out of the race yet. The token remains channel bound.
The chart provides a clear explanation, showing a lot of activity.
It could still be in the accumulation phase, as the selling pressure continues to decrease, indicated by low-volume bars.
There's no reason to be bearish yet, but that could change at any moment.
DISCLAIMER: This is not financial advice (NFA); please conduct your own research before making any investment decisions.
Anticipation tradeThese aren't the type of trades I take as it's under the DTL, but I just couldn't afford confirmation with such a high ADR. I bought at .29 with a stop below .25. Probably zero or slight negative EV from a technical standpoint, but since this thing is such a mover, i'm banking on a high R/R in case .25 holds.
Anticipation tradeThese aren't the type of trades I take as it's under the DTL, but I just couldn't afford confirmation with such a high ADR. I bought at .29 with a stop below .25. Probably zero or slight negative EV from a technical standpoint, but since this thing is such a mover, i'm banking on a high R/R in case .25 holds.
