Panjang
TKAT Projected Paths
Nice pump today from our favorite unprofitable pump & dump that happens to be an nft company based out of hong kong . . . aka TKAT.
1.65 appears to be the generational bottom that a few intellectual (lucky) interns managed to buy at.
Now that we have pumped, the only question that remains is where do we dump?
I think there are 3 potential for TKAT looking towards the end of august; all of these scenarios involve testing support at $2.00.
Orange: Test support at $2.00, push back to 2.09-2.15, and then end up dumping back to 1.65 support by the end of august.
Yellow: test support at $2.00 twice, then push higher to 2.25-2.30 where it consolidates till the end of August.
Purple: Test support briefly at $2.00, then send upwards and test 2.40 and 2.55 by the end of August. Most bullish scenario but low likelihood.
TLDR: Sell 50% of position in 2.09-2.16 range, limit sell 20% of position @ 2.25, limit sell 10% of position at 2.40, limit sell 10% of position at 2.55, and hold the remaining 10% for the ath of 70/share.
1.65 appears to be the generational bottom that a few intellectual (lucky) interns managed to buy at.
Now that we have pumped, the only question that remains is where do we dump?
I think there are 3 potential for TKAT looking towards the end of august; all of these scenarios involve testing support at $2.00.
Orange: Test support at $2.00, push back to 2.09-2.15, and then end up dumping back to 1.65 support by the end of august.
Yellow: test support at $2.00 twice, then push higher to 2.25-2.30 where it consolidates till the end of August.
Purple: Test support briefly at $2.00, then send upwards and test 2.40 and 2.55 by the end of August. Most bullish scenario but low likelihood.
TLDR: Sell 50% of position in 2.09-2.16 range, limit sell 20% of position @ 2.25, limit sell 10% of position at 2.40, limit sell 10% of position at 2.55, and hold the remaining 10% for the ath of 70/share.
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.