I have never traded waves; I think they are dumb and stoopid, and that you need to smoke a few blunts to try to rationalize why should the market follow your magical lines based on Fibbonaci's Retracement.
As we are nearing the end of this beautiful month that I was born in; PTOY has released their roadmap. The roadmap includes a few news, and a probable FDA approval (of a mobile app? the fuck). They are also participating in a few important conferences.
I think we'll hit the meme level, the golden meme level, 0.618, as we get near to the release. Euphoric nerds will cheer and scream 'BUY, BUY BUY! FUUUUUUCK. PTOY TO $10', but, millions of $ in volume don't come out of nowhere, nerds will get discouraged, go back to the trendline in early Oct.
They are also releasing some other things in Oct and Dec I don't even care about, so I think we'll hit the 2.168 level somehere near mid Oct and early Dec (because my lazy ass says so), to end our 1,2,3,4,5 meme waves.
This poorly done description was done to not leave this spot too blank, and make it all look too whack in case it goes wrong and nerds jump at my throat.
Disclaimer
I bought a lot at 9k Sat(s).
Note
Sorry, fucking trading view. The 0.618 level is at 19k.
Note
Nevermind. Tradingview moved my lines and made me confused as shit. The 0.618 level is at 22k.
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