✳️ Superfarm — 900% Grow In 3 Months: Is It Too Late?

13 февр.

Superfarm (SUPERBTC) has grown by 900% since late Oct. '23, so we might be late... Is it too late?

While it is wise to enter at low prices, near support, the chart is still pointing up.

SUPERBTC broke out of an ascending triangle recently and is currently full green.
As new highs are hit trading volume is relatively low, this tells us that there is room for additional growth.

We have to be careful though, once the action is ongoing a retrace can show up out of nowhere and even turn into a correction, so it is always advised if buying late to use a tight stop-loss.

The yellow spaces on the chart represent the closest and most relevant support levels in the short-term.

It has been growing strong but there can be more.

Thank you for reading.

Namaste.