Please, do not be fooled by the simplicity of these signals. The only reason why I make this simple is because of experience, but these chart setups are really strong.
We are now looking at Marlin (PONDBTC).
On top of the signal I am about to describe we need to consider the market cycle, marketwide action, sentiment and other dynamics. I already took all those into consideration.
The oscillators as well, RSI and MACD, can be considered to further support your technical analysis.
A major low was hit May 2022. PONDBTC recently moved below this low and is now moving back above it. This is the a major development when coupled with the other factors mentioned above.
You can also consider the trading volume and Bitcoin, as well as everything else.
These signals are pointing toward a reversal in the coming weeks or days. In fact, it is already happening, so, prepare for the rise.
Endless opportunities the Cryptocurrency market has to offer.
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