Not financial advise. Do your own research. The ideas shared here are the personal opinions of the BitDoctor team. Trade at your risk.
As an update to a previous idea, I've made some slight adjustments based on price action. It seems to follow my target of 24 nicely. I personally sold off quite a bit of what I was still holding onto at 33 and have buys layered all the way down to about 25 but don't let my personal actions dictate yours. Take a look at the data. The data never lies. THE DATA NEVER LIES
1. I modified the pitchfork that was creating the channel and have found something that agrees with my thoughts a bit more. This lines up a potential buttom of 24 in approximately 4-5 days.
2. We're still measuring the fibonacci retracement from 11 sats to 46 sats (dominant low to dominant high).
3. MACD is showing bearish signs
4. Momentum is decreasing
All this in mind and you have to get the moon boys to sell their bags to the highest bidder. Eventually this will be the big whales and after they've accumulated what they deem is appropriate, they'll market in to create more attention to this asset.
Until than, as I said in my last idea, continue to accumulate.
Trade safely friends!
<3 -CE-