BAND still in cup & handle
Target is $12.60 but not without overcoming heavy resistance.
Watch Fib levels for support/resistance.
MACD on the 4hr timeframe is curling upward.
Turn on your moving average and see a golden cross is about to occur! If it does we're going to the moon.
Dropping below the 0.618 Fib level looks unlikely but that would be a red flag.
This has potential to hit $28-$30 in early 2022, but notice it is in a large rising wedge which is bearish longer-term.
I DO think we will be in an altcoin frenzy at that time so it is possible it breaks out and above that rising wedge as well. That is far off though so we'll just see how things come together.
NFA ofc.
Watch Fib levels for support/resistance.
MACD on the 4hr timeframe is curling upward.
Turn on your moving average and see a golden cross is about to occur! If it does we're going to the moon.
Dropping below the 0.618 Fib level looks unlikely but that would be a red flag.
This has potential to hit $28-$30 in early 2022, but notice it is in a large rising wedge which is bearish longer-term.
I DO think we will be in an altcoin frenzy at that time so it is possible it breaks out and above that rising wedge as well. That is far off though so we'll just see how things come together.
NFA ofc.
Note
That was ugly af. Bottom might be in though. And ofc NFA unless you want to lose money with me.
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