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We already discussed about dips potential in $RIVER and it's prove today. We saw before the price was moving outside the trendline and after rejection, sellers start to come in. congrats everyone, 🎉🥳
$RIVER hit the trendline once again and now we saw the price start moving outside the trendline. Do you think we might see more dips in River from this point?
In previous discussion, we talk about how crucial the trendline is to make sure the price in $BEAT remains bullish. And we saw it today. Price bound from the trendline and the question is can the price surge again?
$BEAT create a new higher after successfully retest on the trendline. The price surge in a parabolic move and now we are having pullback because we saw sellers react on 2,168 retracement as area for new resist. we saw this before actually. In 15th November we saw a retest to the trendline and then price surge in parabolic move. Consider previous resist area as a support. If this area can hold on, we might see more impulsive movement to $5. but if is not, consider previous trendline because its playing vital role to keep the price bullish.
$ICNT back to the uptrend channel. We saw the price making fake out lately and price back to the channel. Bottom-line of the channel held the price for not drop further. The price also create lower high in 4h tf. Is this indicate the price trend is changing from bullish to bearish?
$RAVE is showing a weakening of momentum n the 4hr tf, where we see the price failed to form a new higher high. We see bulls struggling to break back above and hold the 1,168 retracement area. The current price still being held at 0.5 level. But can they sustain it though?
After masive correction lately, $LIGHT shows cool down momentum where we saw the volume start to decrease and the price action is not that heavy anymore. 0,786 retracement at 0,97 has became resist for the token to surge.
$NIGHT seems react to the trendline and 0,5 retracement. charts showing doji in 4h tf and now we saw a surge move back to 0,236 retracement. as long as the structure are not broke, Overall outlook is bullish.
$MAVIA finally break retracement level area. The price has been stuck in this range for a while and today we saw a massive move breaking the area. Do you think the price will retest the retracement level again or just continue to surge?
$ACE once again retest strong resist area in 4h TF. We saw the price rejected so many times. What we need to see is price break the area and start creating base above it. But can they make it though?
I just want to do a chill trade this night with low volume token, tbh. But I saw a rejection on PIPPIN and start adding more scale on it. What do you think? Is this the last breath?
$PIPPIN shows a rejection from latest surge. Price end up back to previous resist. Therefore, I decide to open short position consider the liquidation has been filled.
$SQD shows an impulsive moves with price increase + 63% today. the token now facing 1,168 retracement. as the token got more volume, I believe they can break it. The question remain is can they hold that area as a new support then.