Short update from my earlier estimation.
So we took a huge climb right before the intersection (luckily) and it took us that high that the long downtrend is officially over, yay! So, how does it look like now while we are at an uptrend? Lets take a look:
- we still got a longterm and strong supportline at bottom
- Right now we are at a huge volume, and the whales are moving the market, so I just put up a little uptrend channel. Its not really reliable, but for VERY shortterm it might be intresting (minutes/hours)
- There's a resistance at 188, if we pass it with this pump going on, we will go VERY high. Otherwise we will probably stick around these levels, or go down a bit, until we hit the bottom support trendline.
Great evening for all of us lucky shibes! Also, thanks for the donations!
Thanks alot for this analysis, it's really interesting to read! Please keep it up =)