This weeks action: trend reversal (490% ROI) OR a move to 30 sat
Updated
Red lines = resistance (which used to be support)
White lines = new upper resistance trendline
Yellow lines = newly found support levels after not being able to break the white lines
Bearish scenario:
If history would repeat itself, then I expect the final drop to happen towards 30 satoshis. I have zero reasons to assume going lower than 30 satoshis. If the drop happens, we could possibly remain in this zone for 3 more weeks, as the red line hits 30 satoshis around 7th of September. I would personally pick up all the NLG I can within a stretch of 10% of 30 satoshis.
Bullish scenario:
If Gulden finds its way to break the white line in the upcoming week, we might get some fireworks. I will personally also start buying at the breakout of the white line.
Targets will be:
1st - 107 sat
2nd - 233 sat
3rd - 257 sat
4th - 343 sat (490% ROI)
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My ideas are NOT to be considered as financial advice. I share my ideas with the sole purpose of informing those people who asked me how I trade with profit in NLG.
My first recent short notice was at 230 satoshis (See related idea), you can calculate my profit yourself.
White lines = new upper resistance trendline
Yellow lines = newly found support levels after not being able to break the white lines
Bearish scenario:
If history would repeat itself, then I expect the final drop to happen towards 30 satoshis. I have zero reasons to assume going lower than 30 satoshis. If the drop happens, we could possibly remain in this zone for 3 more weeks, as the red line hits 30 satoshis around 7th of September. I would personally pick up all the NLG I can within a stretch of 10% of 30 satoshis.
Bullish scenario:
If Gulden finds its way to break the white line in the upcoming week, we might get some fireworks. I will personally also start buying at the breakout of the white line.
Targets will be:
1st - 107 sat
2nd - 233 sat
3rd - 257 sat
4th - 343 sat (490% ROI)
---
My ideas are NOT to be considered as financial advice. I share my ideas with the sole purpose of informing those people who asked me how I trade with profit in NLG.
My first recent short notice was at 230 satoshis (See related idea), you can calculate my profit yourself.
Note
!!! It seems like it is bull time! I am buying now!
!!!
Note
1st target is hit! Next up is 233 sats!
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