Akita Inu / Tether USD
Panjang

AKITA/USD

1216
After running up 16000% in 7 days, AKITA profit taking happened for a healthy correction.

The [rice action data on Trading View is limited so had to work with lower time frame (1HR) to with help from 4HR and Daily to create this chart and what I believe is a good initial or buy-back-in zone based on trend, support, resistance action and a stochastic RSI cross on the 4HR, inside the oversold zone, shows downward pressure is weakening.

So we can expect a reversal to the upside soon to test the marked resistance level above.

If you get into #AKITA, Hodl Hodl Hodl!!!

Penafian

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