TOTAL - What next ?
Excited to buy and HODL again
Analysis of TOTAL. (Left 4H, Right 1D)
We can see price oscillating between
2.2 - 2.6T in a channel, hinting at a possible bullish BOS on Daily TF.
Daily Fib lvls, showcasing bullish activity at 0.382 creating a daily Demand Area.
on 4H, price made LHs and HLs creating a bullish Pennant Structure that has been broken out of.
Our RSI on the left indicates a strong trend and the market is currently overbought at 92, hinting at recent in flow of cash, to strengthen the bullish Trend which was turning bearish.
On Wed, 10/04 I anticipate major market moves after News and inflation rates. Higher rates might be a good thing for crypto projects that actually contribute to the community.
So I'm long on certain projects with intention of HODL.
Leave your thoughts in the comment section, thanks.
Analysis of TOTAL. (Left 4H, Right 1D)
We can see price oscillating between
2.2 - 2.6T in a channel, hinting at a possible bullish BOS on Daily TF.
Daily Fib lvls, showcasing bullish activity at 0.382 creating a daily Demand Area.
on 4H, price made LHs and HLs creating a bullish Pennant Structure that has been broken out of.
Our RSI on the left indicates a strong trend and the market is currently overbought at 92, hinting at recent in flow of cash, to strengthen the bullish Trend which was turning bearish.
On Wed, 10/04 I anticipate major market moves after News and inflation rates. Higher rates might be a good thing for crypto projects that actually contribute to the community.
So I'm long on certain projects with intention of HODL.
Leave your thoughts in the comment section, thanks.
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