The AD is showing the new destination for this crypto currency by the way of an ascending triangle. Looking for price action to breakout above the confirmed breakout level.
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AD showing a potential of 4 billion dollars entering this market cap
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when moving averages cross through the spike level , price goes up
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about 2 more billion dollars expected to enter the market
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im watching 4hr spike level setting up, we need to get above Red line, to go to .00009
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so we need more than 4 billion dollars to breakout above the previous resistances level, I do not yet know the catalyst for such volume...
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looking at The AD, the Accumulation/Distribution. if it holds current trend it will retest 00009 (AD) which will result in a run up to 00007 (shibusd)
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temp. stop before going back up
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last chart on this trade, new target level updated to $0.00009 Ad showing an ascending triangle to this price level
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both a inverse head and shoulders pattern and cup/handle pattern spotted, both are bullish. these are natural progression of a bullish cycle/momentum
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look at this basing
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successful retrace of the bearish cypher pattern and it held support