Soon as we break that 0.5 fib level on my chart, it'll coincide with the break of the trendline dating back several weeks. C98 is a big mover, it doesn't believe in slow and steady. We either rocket ship up or we plunge so do be careful. This is further backed by the Bollinger Band being squeezed right now on the daily. That's the bigger indication here.
Obviously this is a great long term project so if you're HODLing and wanting to DCA, anything under $3.50 is actually not a good price as once we break these levels, we're likely not coming back here for a while (hopefully never).
Obviously this is a great long term project so if you're HODLing and wanting to DCA, anything under $3.50 is actually not a good price as once we break these levels, we're likely not coming back here for a while (hopefully never).
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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.