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#oversoldopportunity

oversoldopportunity

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agusjepeg
ยท
--
Bullish
Okay, forget about the $SWARMS issue, maybe it can still go down to 7-8M mcap. I found many pairs that are already oversold, maybe it's better to keep buying them in installments (DCA recommendation) One of them is $GRIFFAIN which once reached an ATH of over 500 million mcap. It's now stuck at 10-12 million mcap. And look at this beautiful chart. Target? 50 million mcap for spot trading only. #OversoldOpportunity
Okay, forget about the $SWARMS issue, maybe it can still go down to 7-8M mcap.

I found many pairs that are already oversold, maybe it's better to keep buying them in installments (DCA recommendation)

One of them is $GRIFFAIN which once reached an ATH of over 500 million mcap. It's now stuck at 10-12 million mcap. And look at this beautiful chart.

Target? 50 million mcap for spot trading only.

#OversoldOpportunity
$TUT corrected -2.9% and RSI 32 Oversold.. Will the bounce start from here? ๐Ÿ“š๐Ÿ”ฅ"* ๐Ÿ“ˆ Technical Analysis As you can see in the image, TUT is doing exactly what we expected: 1. *Drop from $0.02222 to $0.02157 = -2.9%:* a natural correction after the 12% rise we analyzed last time 2. *Clear downtrend:* the red Downward Trendline is pressing the price from DEC 07 till NOW โ€” each peak is lower than the previous one 3. *Steel support at $0.02150:* the current price is $0.02157 sitting on it to the mill โ€” do you see the green line in the image? If it breaks, we go to $0.02000 4. *RSI 32.4 OVERSOLD:* the most important thing! oversold conditions โ€” selling is likely done and the rebound is very close 5. *Volume decreases with the drop:* below in the image, the red volume gets smaller as price goes down โ€” this isnโ€™t real selling; itโ€™s profit-taking ๐Ÿ”ฎ Expectations *Bullish scenario (75% - more likely):* Rebound from *$0.02150$* = - *TP1:* $0.02230 resistance +3.3% quickly (the bearish trendline) - *TP2:* $0.02235 high today +3.6% - *TP3:* $0.02450 +13.5% our old target *Bearish scenario (25%):* Break *$0.02150$* = drop to *$0.02000$* strong support โ€” this will be a historic buying opportunity at a 7.2% discount - *Current entry:* $0.02150 - $0.02157 a great Oversold opportunity - *SL:* $0.02100 (-2.6%) - *TP1:* $0.02230 +3.3% - *TP2:* $0.02235 +3.6% #TutorialToken #TUTUSD $BTC $TUT {future}(TUTUSDT) #OversoldOpportunity #BinanceSquareFamily #100xgems ๐Ÿš€
$TUT corrected -2.9% and RSI 32 Oversold.. Will the bounce start from here? ๐Ÿ“š๐Ÿ”ฅ"*

๐Ÿ“ˆ Technical Analysis

As you can see in the image, TUT is doing exactly what we expected:

1. *Drop from $0.02222 to $0.02157 = -2.9%:* a natural correction after the 12% rise we analyzed last time
2. *Clear downtrend:* the red Downward Trendline is pressing the price from DEC 07 till NOW โ€” each peak is lower than the previous one
3. *Steel support at $0.02150:* the current price is $0.02157 sitting on it to the mill โ€” do you see the green line in the image? If it breaks, we go to $0.02000
4. *RSI 32.4 OVERSOLD:* the most important thing! oversold conditions โ€” selling is likely done and the rebound is very close
5. *Volume decreases with the drop:* below in the image, the red volume gets smaller as price goes down โ€” this isnโ€™t real selling; itโ€™s profit-taking

๐Ÿ”ฎ Expectations

*Bullish scenario (75% - more likely):*
Rebound from *$0.02150$* =

- *TP1:* $0.02230 resistance +3.3% quickly (the bearish trendline)
- *TP2:* $0.02235 high today +3.6%
- *TP3:* $0.02450 +13.5% our old target

*Bearish scenario (25%):*
Break *$0.02150$* = drop to *$0.02000$* strong support โ€” this will be a historic buying opportunity at a 7.2% discount

- *Current entry:* $0.02150 - $0.02157 a great Oversold opportunity
- *SL:* $0.02100 (-2.6%)
- *TP1:* $0.02230 +3.3%
- *TP2:* $0.02235 +3.6%

#TutorialToken #TUTUSD $BTC $TUT
#OversoldOpportunity #BinanceSquareFamily #100xgems ๐Ÿš€
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