starting flag chart code for going up making New ATHfrom a very concise movement, each chart moves very slowly but the movement is very large and stable, let's see if it can skyrocket and break through the old ATH?
Market insights
BlueFin sell pressure over? Signs of divergenceBLUE is still on a downtrend however, it is possibly looking for a change of direction of the trend. As momentum and trend oscillators are showing class A bullish divergence it would be good to see market structure confirmation. A CHOCH would give us a few data points to confirm a pivot structure.
Full TA: Link in the BIO
BLUEFIN - Bullish!Beautiful chart!
The price has retraced to Fib 0.618, consolidated in that level and now moving up. Momentum indicators are in the bull zone.
Anywhere below 0.6 is a good entry point if you are not leverage trading. I bought this asset between 0.43-0.47 zone in the last few weeks. I intend to hold it until SUI is going to have the next major correction. Bluefin is perpetual dex in the SUI ecosystem, so Blue's price performance is heavily influenced by SUI. I will continue to publish the updates.
