pretty sure this came out of nowhere, sort of like my love for fishing. very wacky naming might catch on for the right crowd who knows what can happen with something this cheap with relaticly small market cap. yolo
Let's go back... Let's revisit the pattern that started it all, the 1,2,3,4 Steps Pattern. I will explain it in detail using the Marlin (PONDUSD) chart.
Early on we spotted a pattern that was repeating across the Cryptocurrency market.
Using this pattern we can determine what is going to happen next for any pair/Altcoin.
The pattern goes like this:
#1 | It all...
Technical Analysis for #POND/USDT:
The current trading price for $POND is at $0.01, which represents a 97% decline from its All Time High, and only a 60% increase from its recent bottom. Based on the chart, a significant move is expected in the coming days.
It is recommended to accumulate small quality for long-term investment purposes.
The best entry point is...
Marlin (PONDUSD) is having a +40% 1D candle so far, breaking above its 0.5 Fibonacci retracement level. The long-term pattern since has been a Channel Down since the early 2021 market top so there is still no indication of a long-term trend shift to bullish but at least on the short-term, there is further potential for a bullish extension above the 1D MA200...
