✴️ Rally Double Bottom Can Lead To 6X+
This is good. Looking at the previous wave, the potential becomes clear.
In January/February Rally grew by more than 575%.
Right now we can see a double bottom forming, technically a higher low because the June '23 lows are higher than Dec. '22 by a few sats, this is good.
The volume rise in early June signals that buyers are eager to buy and will jump in at any signal of bullish movement.
The current candle trades within a higher low compared to June 10/15 and this is also good.
If trading, the setup is great because the risk can be set below 10% on a manual stop-loss, a strong one because it would be a waste to buy into this pair just to drop it. I would personally accumulate strongly in anticipation of the next wave regardless if it happens within 3 days or 3 weeks.
The upward potential is huge.
Since we have a higher low, we can look for a higher high next. Seeing the price near the beginning of the previous wave, that can put the potential minimum at 6X (600%+), these are just very rough numbers...
This pair to me looks like a good choice.
Namaste.
In January/February Rally grew by more than 575%.
Right now we can see a double bottom forming, technically a higher low because the June '23 lows are higher than Dec. '22 by a few sats, this is good.
The volume rise in early June signals that buyers are eager to buy and will jump in at any signal of bullish movement.
The current candle trades within a higher low compared to June 10/15 and this is also good.
If trading, the setup is great because the risk can be set below 10% on a manual stop-loss, a strong one because it would be a waste to buy into this pair just to drop it. I would personally accumulate strongly in anticipation of the next wave regardless if it happens within 3 days or 3 weeks.
The upward potential is huge.
Since we have a higher low, we can look for a higher high next. Seeing the price near the beginning of the previous wave, that can put the potential minimum at 6X (600%+), these are just very rough numbers...
This pair to me looks like a good choice.
Namaste.
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