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25 euro and I have to watch on the laptop!!!!!
โผ๏ธ $PLSX UPDATE ON #PulseChain:
Quick overview on what to expect heading into August: If we start correcting early next month, we could mimic previous chart history (bullish).
1. In the first photo, we broke below the yellow trendline, which turned out to be a fake out to the downside before breaking out into a bullish posture. Right around the white arrow, we began consolidating until we back test the prior breakout before heading back to sac price 0.0001.
2. The same exact move could be happening right now. We had a fake out to the downside just like before and price went underneath our major trendline, followed by a breakout! And now we're consolidating as anticipated around the 26th of July, and could be squeezing to the downside for a final back test before heading back up to sac price. I expect August to end on a green monthly candle. I'm not concerned with the micro daily candles; it's time to focus on the monthly and macro charts.
3. With the RSI being over bought a few days back and the MACD crossing bearish on certain timeframes, we should be retesting prior break outs; forming W patterns which would be healthy for continuation to the upside. I'll post my detailed analysis on Sunday for $PLS & $HEX. Later tomorrow, I'll post about $INC. Retweet and leave a like for #Pulsex!
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I once read a story about an airline losing someone's bags. The passenger was yelling at the overworked employee until she heard. "There's only 2 people in the world that care about finding your bags, and one of them is losing interest."
Moral. Know who's on your team.