No setup, just an observation of this poor Pangolin who is still dying from his COVID. Since the pump of V2 in November, the setup is completely slammed, crushed by the huge inflation that weighs on the token, and this is only the beginning.
For the moment on the USDT pair, there is absolutely no reversal structure.
- Momentum : dead
- Structure: dead
- Location: dead
We'll see if it bounces off the ugly trendline of its triangle in the next few weeks.
On the BTC pair, it looks like the bearish mometum is slowing down. A glimmer of hope ?
For the moment on the USDT pair, there is absolutely no reversal structure.
- Momentum : dead
- Structure: dead
- Location: dead
We'll see if it bounces off the ugly trendline of its triangle in the next few weeks.
On the BTC pair, it looks like the bearish mometum is slowing down. A glimmer of hope ?