After three consecutive bullish candles on the daily chart, the fourth one formed a hanging man, and the price reversed sharply downward to $0.2. This indicates that the resistance level at $0.2 is very strong, and this point was actually anticipated early on. $0.2 is the bottom of a previous large trading range (from $0.2 to $0.3). Building a base at $0.2 was somewhat effective. The move from $0.1364 to $0.2 used up most of the bullish volume. Next, the price will likely continue to fluctuate and may reach the $0.1664 level. While small trends can drive larger trends, they do not determine the overall direction. For spot trading, patience is required, and for the monthly chart, it may take at least 3 to 5 years to see results. You also see that only after the MACD leaves the zero line can it truly take off.
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TheGreatBeautyOfTheInfinite
· 6h ago
$PI $PI The purchased assets are finally trapped. After a harvest is completed, the price continues to fall. It hits a low point in March. From July to December, it will drop to the point of questioning life. Nearly collapsing in 2027. By 2030, the servers are expected to expire. Delist and run!! Everyone, hurry up and buy buy buy... Don't miss the chance to get on board. Invest all your assets and hold until 2030. Financial freedom is in 2030. Let's work hard together...
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WallStreetTrendResearch
· 7h ago
Fudu Yuyuanren tells you a secret: if the price experiences a rise and the last two digits are both 9, such as 5.99, 16.99 yuan, it is generally a sign of a top.
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WallStreetTrendResearch
· 8h ago
It is not impossible for the market to return to $0.13, but I think the likelihood is relatively low. Just like stocks that hit 2 to 3 daily limit-ups and then return to the starting point, this is quite common. The current rally began at the low point of $0.132 on February 12, with a 2.46% increase on that day, then a 10.76% rise on February 13, a 16.17% increase on February 14, and a peak around $0.2 on February 15 before pulling back. So, the increase from $0.132 to $0.2 is approximately 50%. If you could achieve a 50% return every year, you'd be even more impressive than Warren Buffett.
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PurpleQiComesFromTheEast369
· 8h ago
Back to oscillating around 0.13
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WallStreetTrendResearch
· 8h ago
The 4-hour MACD has already formed a death cross, and the price will definitely drop to $0.164. Do not chase the high.
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EthPlayers
· 8h ago
3 to 5 years is a bit...
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WallStreetTrendResearch
· 8h ago
I didn't remember the exact price, but it should be around $0.164 instead of $0.1664.
After three consecutive bullish candles on the daily chart, the fourth one formed a hanging man, and the price reversed sharply downward to $0.2. This indicates that the resistance level at $0.2 is very strong, and this point was actually anticipated early on. $0.2 is the bottom of a previous large trading range (from $0.2 to $0.3). Building a base at $0.2 was somewhat effective. The move from $0.1364 to $0.2 used up most of the bullish volume. Next, the price will likely continue to fluctuate and may reach the $0.1664 level. While small trends can drive larger trends, they do not determine the overall direction. For spot trading, patience is required, and for the monthly chart, it may take at least 3 to 5 years to see results. You also see that only after the MACD leaves the zero line can it truly take off.