AUCTION Targets /Chances of Reversal
This one is another coin on my watch list. We can see a similar reversal pattern (on this time frame).
AUCTION can prove itself and follow what KMD has done today!
The inverted hammer candlestick pattern indicates a bullish reversal or short-term downtrend reversal.
An inverted hammer occurs after a prolonged sell-off when prices are near their lows for that period.
It's easy to spot on a chart because it resembles an upside-down, hanging shooting star candlestick formation.
Considering other coins that did perform well with this reversal. I decided to put some targets on chart.
Mostly my ideas and charts are for beginners and at most intermediate traders (not professional/institutional).
Being a retail trader is hard (in any market). Krypto leaves us the opportunity to make good profits with the spot market.
We can face high risks-rewards gains in other markets.
IMO; Krypto is here to stay.
it's also here for early innovations/adopters who are willing to take a (big) risk and contribute to a >big change into this (soon.. SF) world.
AUCTION can prove itself and follow what KMD has done today!
The inverted hammer candlestick pattern indicates a bullish reversal or short-term downtrend reversal.
An inverted hammer occurs after a prolonged sell-off when prices are near their lows for that period.
It's easy to spot on a chart because it resembles an upside-down, hanging shooting star candlestick formation.
Considering other coins that did perform well with this reversal. I decided to put some targets on chart.
Mostly my ideas and charts are for beginners and at most intermediate traders (not professional/institutional).
Being a retail trader is hard (in any market). Krypto leaves us the opportunity to make good profits with the spot market.
We can face high risks-rewards gains in other markets.
IMO; Krypto is here to stay.
it's also here for early innovations/adopters who are willing to take a (big) risk and contribute to a >big change into this (soon.. SF) world.
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