At the moment we see symetrical triangle .
Lots of volume around 0.97 gives very good resistance (confirmed several times)
Fibanacii shows us targerts 2.0 2,8 and 4,5
Lets have a look at current Binance Order book .
1.2 - supply of 100$ M -
1.5 - supply of 140$ M
1.8 - supply of 240$ M
1.9 - supply of 240$ M
2.0 supply of ...
Rune is have corection at the moment.
I'm looking at order book and its has 1B $ demend around 12,7
Fingers cross to see that it will bounce back around 16.8 - 17.0 - supply of ~2 B
No financial advise .
BR
Simon
This one remainds me ETH back in the day when ATH was ~1400 and dropped to ~120
Will WTC go back to it's ATH? 41!!
Looks on OBV like accumulation.
At the moment Binance order book looks solid. Price have potential to grow rapidly till 5.
Will you HODL above 5?
5.3 - 10.465 $
5.0 - 1,055,765 $
4.3 - 1.539 $
3.7 - 10.394 $
2.2 - 401.265 $
2.1 - ...
This one remainds me ETH back in the day when ATH was ~1400 and dropped to ~120
Will WTC go back to it's ATH?
Looks on OBV like accumulation.
At the moment Binance order book looks solid. Price have potential to grow rapidly till 5.
Will you HODL above 5?
5.3 - 10.465 $
5.0 - 1,055,765 $
4.3 - 1.539 $
3.7 - 10.394 $
2.2 - 401.265 $
2.1 - 26.189...
We we have at the moment is a triple bottom pattern.
A triple bottom is generally seen as three roughly equal lows bouncing off support followed by the price action breaching resistance.
I added Fibanaci so we see what price can be target 2,0 - 2,8 -4,0
Resistance lines confimed by Binance order book.
1,30 - 700 M
1,50 - 400 M
2,0 - 1,3 B
2,5 -...
I had colser look at time frames.
Interesting that first period look similar to second one. Almost 40 days for accumulation and 40 for distribution
Buy klimate looks same.
Fingers crossed
ATA finally on way up. It brakes resistance lines at ~0.9 and 1.0. MACD indicator shows that trend has been changed from falling to rising, With low amount of volume price is changing rapidly. Also we can see that slowly accumulation process starts.
Enjoy
BR
Simon
