This one is another coin on my watch list. We can see a similar reversal pattern (on this time frame).
AUCTION can prove itself and follow what KMD has done today!
The inverted hammer candlestick pattern indicates a bullish reversal or short-term downtrend reversal.
An inverted hammer occurs after a prolonged sell-off when prices are near their lows for that period.
It's easy to spot on a chart because it resembles an upside-down, hanging shooting star candlestick formation.
Considering other coins that did perform well with this reversal. I decided to put some targets on chart.
Mostly my ideas and charts are for beginners and at most intermediate traders (not professional/institutional).
Being a retail trader is hard (in any market). Krypto leaves us the opportunity to make good profits with the spot market.
We can face high risks-rewards gains in other markets.
IMO; Krypto is here to stay.
it's also here for early innovations/adopters who are willing to take a (big) risk and contribute to a >big change into this (soon.. SF) world.
AUCTION can prove itself and follow what KMD has done today!
The inverted hammer candlestick pattern indicates a bullish reversal or short-term downtrend reversal.
An inverted hammer occurs after a prolonged sell-off when prices are near their lows for that period.
It's easy to spot on a chart because it resembles an upside-down, hanging shooting star candlestick formation.
Considering other coins that did perform well with this reversal. I decided to put some targets on chart.
Mostly my ideas and charts are for beginners and at most intermediate traders (not professional/institutional).
Being a retail trader is hard (in any market). Krypto leaves us the opportunity to make good profits with the spot market.
We can face high risks-rewards gains in other markets.
IMO; Krypto is here to stay.
it's also here for early innovations/adopters who are willing to take a (big) risk and contribute to a >big change into this (soon.. SF) world.
Nota
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.