Aida Maley xnT6
--
$BOB hello!
Well, I said I wouldn't do daily analysis of the token anymore, but I just wanted to give a quick update: I am reassured that we have returned to more rational levels with the Bollinger bands. As previously explained, we risked breaking out of the upper band too violently, and the correction could have been severe... surely too much for those who don't have a strong heart đ
As it stands, my chart (which is starting to look like Star Wars...) makes me think that our current support might be around 0.000000081 - 0.000000079 (blue and purple lines below the current price), this will be confirmed in the coming days. If we fail to maintain, the next supports should be the other blue/purple lines.
At this moment, the indicators are still green, there is no reason to drop, but rather to witness a good consolidation which would be really beneficial to be able to break the current resistance strongly, and especially to stay above the next time we break it (= daily close above, with the next candle staying above)! đȘ
BOB will finally have lost a 0
Consolidation phases are important so that the indicators cool down a bit, and that the momentum has some juice in reserve to break a resistance and especially to stay above đ
If we ever need to pull back deeper, it's just a postponement to gain more momentum with stronger consolidations.
I invite you to take precautions regarding the Memes, of which BOB is a part; for that, I encourage you to read my previous posts and DYOR as well.
Finally, a small detail: I earn nothing by posting, the "write to earn" is not applicable in my country, I just hope that my posts are useful to you.
I am confident and optimistic for the coming week, we are still very early, and if you haven't entered yet, you are still very early as well đ
Well, I said I wouldn't do daily analysis of the token anymore, but I just wanted to give a quick update: I am reassured that we have returned to more rational levels with the Bollinger bands. As previously explained, we risked breaking out of the upper band too violently, and the correction could have been severe... surely too much for those who don't have a strong heart đ
As it stands, my chart (which is starting to look like Star Wars...) makes me think that our current support might be around 0.000000081 - 0.000000079 (blue and purple lines below the current price), this will be confirmed in the coming days. If we fail to maintain, the next supports should be the other blue/purple lines.
At this moment, the indicators are still green, there is no reason to drop, but rather to witness a good consolidation which would be really beneficial to be able to break the current resistance strongly, and especially to stay above the next time we break it (= daily close above, with the next candle staying above)! đȘ
BOB will finally have lost a 0
Consolidation phases are important so that the indicators cool down a bit, and that the momentum has some juice in reserve to break a resistance and especially to stay above đ
If we ever need to pull back deeper, it's just a postponement to gain more momentum with stronger consolidations.
I invite you to take precautions regarding the Memes, of which BOB is a part; for that, I encourage you to read my previous posts and DYOR as well.
Finally, a small detail: I earn nothing by posting, the "write to earn" is not applicable in my country, I just hope that my posts are useful to you.
I am confident and optimistic for the coming week, we are still very early, and if you haven't entered yet, you are still very early as well đ
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