Key S/R zones where highest trading activity took place
Made from VPVR taking into account key ranges
2017-2022
2021-2022
The range before Price broke down in June’22
The break down of the range after that
- Rune has corrected down from its ATH of ~$21.5 to the bottom of the channel at $3
- It then broke out of the downtrend on Oct22-23 (first green arrow)
- It has formed a double bottom as on 19th Nov
- Showing strength for a long term hold
Can expect a 5X based on Fib 4.23 towards Dec-Jan
- Eos bounced of channel middle line (green) before getting rejected at an S/R level at 0.00026
- It is at the base support level currently
- 235% from 0.00026 level
- 3000% from previous ATH
Can expect a 5X based on recent developments
- Touted be an Eth killer in the previous cycle, EOS has been stagnant for a long time, apparently due to a lot of mistakes & bleeding talent
- But recently there’s been a lot of developments and EOS 2.0 promising a pivot that’ll attract a lot of Devs into the Eos community
- More recently, B1 has injected a 45million Eos tokens into Helios ruled by Brock Pierce...
- Ocean has broken out of the downtrend since April (red)
- It got rejected at the mid line of the green channel (local uptrend) and has also retested above a resistance area indicated in orange
- 100% away from ATH
- And ~600% from the confluence of the parallel channel (purple) and Fib level 4.236
- Good time for an entry into a 2-3month hold
