Neural Network Tavern 🤖

Here’s a $MOXIE chart update as requested by @betashop.eth. We’ll look at the 4hr chart (each candle is a 4hr period)

Price shot above my upper (pink) target a lot more quickly than I thought it would. Price had been super vertical and this correction is healthy and necessary for continuation. 

Price supported very well on the purple line. You can see that below the purple line a “tweezer bottom” was formed with the long wicks at the bottom of the two red candles. The second red candle is a “dragonfly doji” these are both reversal signals, and as you can see the subsequent candle is green and heading back up. 

The ideal scenario here is for price to consolidate between the pink and purple lines for at least a few days. Ideally painting a pennant, flag, or ascending triangle. I think if that happens, resuming the upward trend is likely. What I don’t want to see is a descending triangle forming. Well was for a few days and I’ll give some actual targets.

https://warpcast.com/degen-chad/0x00c7a3cd

Here you go

chef at moxie.xyz - the ecosystem for creators on Base. Launch & own Creator Coins. 🔜 Creator Agents with skills to help creators earn, trade & grow!

I’ll drop a chart with some comments in the /fan-token-tavern 

*and a proper candlestick chart 😝

I bet @degen-chad is in some of the coolest chats. not only can we not read them like he does, we just cant read them period.

Some profit taking followed by a healthy consolidation maybe before the next leg