AUCTION

#AUCTION The price is moving within an ascending channel on the 1-hour frame, adhering well to it, and is on track to break it strongly upwards and retest it. We have support from the lower boundary of the ascending channel, at 9.09. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upside. There is a major support area in green at 8.80, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 9.89. First target: 10.30. Second target: 10.94. Third target: 11.68. Don't forget a simple thing: ease and capital. When you reach your first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.

#AUCTION The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is on its way to breaking it strongly upwards and retesting it. We have a bounce from the lower boundary of the descending channel. This support is at 10.68. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside. There is a major support area in green at 10.31, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We have a trend to hold above the 100 Moving Average. Entry price: 11.25 First target: 11.60 Second target: 12.00 Third target: 12.51 Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.#AUCTION First target: 11.60 Reached Second target: 12.00 Reached Third target: 12.51 Reached

$AUCTION has broken out of a descending triangle on the 4H chart and is now retesting the breakout zone around $10.89.If this support holds, a move toward the $14.20 target +35.6% is likely. Momentum looks bullish, watch for follow-through!DYRO, NFA

#AUCTION The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest. We are experiencing a rebound from the lower boundary of the descending channel, which is support at 10.73. We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend. We are heading towards stability above the 100 Moving Average. Entry price: 10.82 First target: 10.86 Second target: 11.02 Third target: 11.14#AUCTION First target: 10.86 Reached#AUCTION First target: 10.86 Reached Second target: 11.02 Reached Third target: 11.14 Reached

The pin is waiting like a bomb. I will be involved if the gray area is voluminous after the trend breakage and if the candle closure comes on it.

The pin is waiting like a bomb. I will be involved if the gray area is voluminous after the trend breakage and if the candle closure comes on it.

#AUCTION The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are experiencing a rebound from the lower boundary of the descending channel, which is support at 11.40. We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 Moving Average. Entry price: 11.92 First target: 12.21 Second target: 12.53 Third target: 12.86#AUCTION First target: 12.21 Reached Second target: 12.53 Reached Third target: 12.86 Reached

#AUCTIONThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are seeing a bounce from the lower boundary of the descending channel, which is support at 11.26.We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 11.50First target: 11.81Second target: 12.26Third target: 12.84#AUCTIONFirst target: 11.81 ReachedSecond target: 12.26 Reached#AUCTIONFirst target: 11.81 ReachedSecond target: 12.26 ReachedThird target: 12.84 Reached

AUCTIONUSDT has been very bearish for weeks following a massive drop. it did put a double bottom and a bullish divergence, which are signs of market reversal i.e. a shift from bearish trend to bullish move. It broke the resistance zone which also serves as the neckline for the double bottom/bullish divergence formed. A retest of this resistance zone now turned to a support zone, gives a bullish setup as AUCTIONUSDT tends to continue its new found bullish move.Be on the look out and expect minor retracements while at it, as there are some support and resistance zones it can bounce off from. These zones are already marked out in the setup.Expected Targets:TP1: $17TP2: $20TP3: $24TP4: $28Kindly support this analysis to enable it reach to other people, and do comment your thoughts.https://www.tradingview.com/x/bpEee2IM/

On the month of August 2023 at a price of $4 Without Worries published “Bounce Token (Auction) to $40” (see below / green triangle on chart above). Price action went 10x over the next 120 days. Almost worth getting out of bed for. Then the idea “Auction to $16” (see below / red triangle) was published at $45 on December 2023. Price action corrected to $7.Overall price action has corrected 85% since the last idea. A number of reasons now exist to consider a long position, they include:1. Price action and RSI resistance breakouts.2. Support on past resistance. Not just the downtrend resistance, the horizontal support also, look left. All the way left back to 2022 (see chart below).3. The same hidden bullish divergence that printed in early February (orange circles) now prints again. Previously this divergence was followed by a 600% breakout move in the 6 weeks that followed.Until this point conditions 1 through 3 are an exact copy of the $40 idea. Look left, a higher low matched in both price action and RSI breakouts, wonderful isn't it?4. The Bull flag takes the first impulsive wave to measure the next forecast the next wave to circa $110 area.Is it possible price action continue to correct? Sure.Is it probable? No.Ww“Bounce Token (Auction) to $40”“Auction to $16”Horizontal support / resistance from 2022Active on publication.