dead4586

update on falling wedge break out (bullish)

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dead4586 تم تحديثه   
COINBASE:SPELLUSD   Spell Token
ok so in my past ideas ive explained the falling wedge trade, well now is a possible entry as we hit mid-line on the rising channle (bullish). another entry if possible is the bottome of the challel (yellow line). now if you took profit (i did for tax and other reasons) then look to enter some here and if it test yellow line or bottom of channel the rest. as always the best trades manage risk/reward. the yield is about 7% or so rn for staking spell us this to figure out ur risk tollerance.... anyways just wanted to check in it been a while ive been busy.

and as always gl boisss
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man u guys are really testing those supports and reses.... almost a perfect pattern of what i drew on the spell for weth chart and spell/usd chart obviously... mark my words this is loading time as there may not be another chances for the next few years... gl bois
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short term(4 hour) look for possible entry. personally id wait but looking atractive at that 0.001 mark considering the yield rn...will stack more depending on price
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heres also a look at the short term spell/eth ratio. pay close attenion to thos support and res lines...
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updated chart for the homies on mobile..

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