Casper Bottomed Out | Multiple Timeframes (160% Target Mapped)

27 giu 2022

Good to write for you again and here we have the classic bottom formation we've been seeing over and over... This is the CSPRBTC pair or Casper.

We have the lower low followed by strong bullish action.
We have the "W pattern" which normally signals a low/bottom/support.

CSPRBTC Daily

• - There can be a retrace after the initial breakout.
  
• - The retrace tends to end in a higher low which leads to a higher high.
  
• - Patience is key as everything will move but it takes time.
  

CSPRBTC Weekly (main chart)

• - We can see a broken descending channel.
  
• - The RSI rising.
  
• - Three White Soldiers pattern (confirms only after this weekly candle close).
  
• - Trading above EMA10.
  
• - 160% Target mapped.
  

This is all for this pair.

Thank you for reading.

Namaste.