AKRO/USDT has formed a PG on the 12 hour chart.
This value has not existed on the market for long and there is only 2 weeks of history here. During this time, however, a signal has already been formed and it has almost broken out.
Why only almost broken out?
We have been stuck at the upper trigger of the PG for two days now and are not making any progress.
It seems as if the bulls have become tired and can't manage to trample on. However, as soon as I can see meaningful buying here, things will get interesting.
A wedge is once again visible on the lower level
The charts on the small time units are spiking. This can be seen well on the 30-minute chart and an entry is also possible here. As soon as there is a breakout, I will report on it.
Source: (Guidants/Godmode Trader) & JFD Broker & Binance
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