Describe what I'm thinking and why... hmm okay.
well I am currently going Long, in at $0.18 target $0.24 trade...
by looking at the long term downtrend we are looking at possibly as high as $0.26 spike and another good drop over a few weeks down to $0.10...
BUT...will this theory hold?
I'm going to sell at $0.22-$0.24 either way for a 20-30% gain... ...
if we see a spike above $0.30 in this current run, and if that price doesn't look like the previous runs, with a 3-5 cent 1 day candle wick.... then maybe we're breaking the tread, this falling wedge will trigger the reversal.
But I'm thinking we can get a tighter squeeze back down to 10 cents before a final reversal.
It's crypto, no one knows. I don't know. I'm just keeping an open diary of my rants.
Best of luck!
well I am currently going Long, in at $0.18 target $0.24 trade...
by looking at the long term downtrend we are looking at possibly as high as $0.26 spike and another good drop over a few weeks down to $0.10...
BUT...will this theory hold?
I'm going to sell at $0.22-$0.24 either way for a 20-30% gain... ...
if we see a spike above $0.30 in this current run, and if that price doesn't look like the previous runs, with a 3-5 cent 1 day candle wick.... then maybe we're breaking the tread, this falling wedge will trigger the reversal.
But I'm thinking we can get a tighter squeeze back down to 10 cents before a final reversal.
It's crypto, no one knows. I don't know. I'm just keeping an open diary of my rants.
Best of luck!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.