Hitting trendline - buy low beware for traps and HODL.
As of right now we'll be hitting the trendline (top blue) and finally breaking it. Thankfully we're still above the mean-growth line, which shows promise. Keeps dipping, but the dips keep getting less shallow, which also is a good sign. Mapping out the latest dips and rises we get a perfect triangle which fits the mean-growth and downtrend line, so i expect a rise, although be it not that much as some are pointing out, i.e: +100% in two days. I would say make +25-30% in 2 days, with 50% being within reason when hitting the 12th and 14th (announcements).
Goals: Buy and HODL.
Buy: anywhere sub 940 through 1000.
Target 1: 1100 (+2 days)
Target 2: 1300 (+4 days)
Target 3: 1500 (5+ days)
Let me know what you think.
Goals: Buy and HODL.
Buy: anywhere sub 940 through 1000.
Target 1: 1100 (+2 days)
Target 2: 1300 (+4 days)
Target 3: 1500 (5+ days)
Let me know what you think.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.