This token is a good example of a staggered breakout. On a monthly basis, we already broke out some time ago. Now we can see what more power is in this signal, because there is a new kicker on the weekly chart.
The larger the time unit in which a signal is formed, the larger the movement. While the large signal slowly starts to move, smaller bursts occur on the smaller time units. These are often good opportunities to get into a move. This token shows this very well on the weekly chart. Overall, this would be the third major signal and thus an opportunity to board the train.
The green candles are already very striking. Some capital must have entered the stage here. How many positive monthly candles at a stretch we will still see is uncertain but it will be decided on the smaller time units.
I am not a financial advisor
nor is any content in this article presented
as financial advice. Never invest more
than what you can afford to lose.
This post is my personal opinion,
do your own research before making any investment decisions.
If you make any trades after reading this post,
it is completely in your responsibility.
I am not responsible for any of your losses.
By reading this post you acknowledge and accept that.
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