INIT BREAKOUT +17% - ESCAPE THE BOTTOM $0.086, RED COW & BLACK COW BINANCE INTERCONNECTED PUSH UP TO $0.12?
#Binance
INIT/USDT is showing a very beautiful comeback. Price $0.10000 (+17.04%), 24h high $0.10329, 24h low $0.08538. #Write2Earn
On the 15-minute chart, INIT formed a perfect double bottom at $0.086 on 29/09, then surged strongly and broke above the Bollinger Band. BOLL(20,2) currently UP: $0.10409, MB: $0.09696 — price $0.10007 is sticking to the upper band, indicating buying pressure is still strong. RSI(6) 65.77 is not overbought yet, MACD DIF 0.00270 crossed above DEA 0.00269, and the histogram turned green.#Write2Earn!
The 1-day chart is even more impressive: after rebounding from the $0.0474 bottom in mid-August, INIT increased 75% in 30 days and 22% in 7 days. #BitcoinDunyamiz
Daily RSI is 72.28, in a hot zone, but MACD is still expanding positively with DIF: 0.00881. This is Layer 1 / Layer 2 being heavily accumulated, volume 22.79M $INIT
.#TrendingTopic
Target: Short-term $0.1044 (daily Bollinger UP). The breakout will open the way to $0.12. Support $0.0969 (15p MB).
QUICK LONG
#Binance
INIT/USDT is showing a very beautiful comeback. Price $0.10000 (+17.04%), 24h high $0.10329, 24h low $0.08538. #Write2Earn
On the 15-minute chart, INIT formed a perfect double bottom at $0.086 on 29/09, then surged strongly and broke above the Bollinger Band. BOLL(20,2) currently UP: $0.10409, MB: $0.09696 — price $0.10007 is sticking to the upper band, indicating buying pressure is still strong. RSI(6) 65.77 is not overbought yet, MACD DIF 0.00270 crossed above DEA 0.00269, and the histogram turned green.#Write2Earn!
The 1-day chart is even more impressive: after rebounding from the $0.0474 bottom in mid-August, INIT increased 75% in 30 days and 22% in 7 days. #BitcoinDunyamiz
Daily RSI is 72.28, in a hot zone, but MACD is still expanding positively with DIF: 0.00881. This is Layer 1 / Layer 2 being heavily accumulated, volume 22.79M $INIT
.#TrendingTopic
Target: Short-term $0.1044 (daily Bollinger UP). The breakout will open the way to $0.12. Support $0.0969 (15p MB).
QUICK LONG
