Bloktopia / Tether

Trend reversal?

427
A graph that shows us the desire to restart together with the market.
The fundamental point that makes us hope for a reversal occurred on March 30th when Blok shattered the 2 Cent resistance with a single green candle (important breakout signal) easily confirms the 2 cents as a support point from today, excluding shadow!
Seeing the global market in a rather timid recovery phase, I believe that this is the time for Blok to stabilize and strengthen its bottom in an area that has been of strong impact in the past between 2 and 3 cents (see red rectangle, area of many buy / sell exchanges.
In this area Blok could create a nice channel lateralising a few days by compressing its price and then giving us the start of a nice climb.
Attention also to the classic flash crashes that punctually bring down prices, I believe that if they happened they would only be passing through, not affecting the trend.
RSI which is now overbought, if we keep a fluctuation on this price it would make it go down by transforming this price into a standard price and no longer so unsustainable.
Come on Blok!
What do you think?

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.