$PUMP
THIS IS WHERE THE STORY STARTS GETTING INTERESTING.
PUMP spent time building a base near 0.00224.
Instead of breaking lower, price started climbing
back through the previous range.
Now the character of the chart has changed.
• Strong reaction from the local bottom
• Successive higher lows during the recovery
• Momentum has noticeably increased
• Price is approaching the previous high
• Buyers are currently pushing into an important
resistance zone
The interesting part isn't the move we've already
seen.
It's what happens if PUMP takes out that previous
high and turns the old resistance into support.
That could completely change the momentum narrative.
I'm watching this one closely — not because
anything is guaranteed, but because the structure
is finally giving traders something to work with.
DYOR — Never invest based on one chart alone.#BIP110ForkSignalingExpectedThisWeekend #VIXFallsToJanuaryLow
THIS IS WHERE THE STORY STARTS GETTING INTERESTING.
PUMP spent time building a base near 0.00224.
Instead of breaking lower, price started climbing
back through the previous range.
Now the character of the chart has changed.
• Strong reaction from the local bottom
• Successive higher lows during the recovery
• Momentum has noticeably increased
• Price is approaching the previous high
• Buyers are currently pushing into an important
resistance zone
The interesting part isn't the move we've already
seen.
It's what happens if PUMP takes out that previous
high and turns the old resistance into support.
That could completely change the momentum narrative.
I'm watching this one closely — not because
anything is guaranteed, but because the structure
is finally giving traders something to work with.
DYOR — Never invest based on one chart alone.#BIP110ForkSignalingExpectedThisWeekend #VIXFallsToJanuaryLow