Check out my technical analysis of the last events around the $ELECTRIC token:
Firstly, I must highlight the profound 'Eiffel Tower' pattern that emerged around the 5th. This undoubtedly signals that Parisians have taken an interest in ELECTRIC/BONSAI, presumably to light up their bonsais like the tower itself—a bullish sign if there ever was one.
Now, if we squint at the volume bars, you'll notice a pattern that eerily resembles the heartbeat of a hibernating cryptozoology creature, which, according to crypto-market lore, predicts a 'huge ATM'—which in layman's terms means 'Absolutely Tremendous Movement'. When this cryptid wakes, the markets quake!
Look closely at the serrated dips and peaks following the 6th; that's the 'dragon's back'. The dragon, tired from hoarding gold, now covets ELECTRIC/BONSAI. As we all know, when dragons take an interest, it's best to pay attention, as their next move is to take flight, potentially taking the price action with them—skyward!
Then, the sudden spike on the 15th is the 'unicorn's horn' piercing the veil of market uncertainty, a rare event that usually heralds the coming of the 'rainbow bridge' phase. It suggests that holders will soon ride to a mythical land of unfathomable profit, or at least to a slightly less mythical land of marginally improved net worth.
Drawing our gaze to the right, the price steadies, resembling a caterpillar in a state of metamorphosis. This cocooning suggests a transformation is at hand, likely to emerge as a flamboyant butterfly, dazzling traders with its colorful wings and erratic flight pattern, indicating market volatility with the grace of a ballet dancer on a caffeine rush.