AKITA/USD
After running up 16000% in 7 days, AKITA profit taking happened for a healthy correction.
The [rice action data on Trading View is limited so had to work with lower time frame (1HR) to with help from 4HR and Daily to create this chart and what I believe is a good initial or buy-back-in zone based on trend, support, resistance action and a stochastic RSI cross on the 4HR, inside the oversold zone, shows downward pressure is weakening.
So we can expect a reversal to the upside soon to test the marked resistance level above.
If you get into #AKITA, Hodl Hodl Hodl!!!
The [rice action data on Trading View is limited so had to work with lower time frame (1HR) to with help from 4HR and Daily to create this chart and what I believe is a good initial or buy-back-in zone based on trend, support, resistance action and a stochastic RSI cross on the 4HR, inside the oversold zone, shows downward pressure is weakening.
So we can expect a reversal to the upside soon to test the marked resistance level above.
If you get into #AKITA, Hodl Hodl Hodl!!!
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.