First off, I never trade this coin myself due to its extremely inorganic (read: manipulated) price charts.
Just for fun analyzing:
I think it's not the time to FOMO into chasing the red candle, and it may form a cup and handle and a nice target to enter could be around 2.60 USD
On the other hand, maybe they will pump it all the way to whatever 5.89 targets they have.
I don't trade, but if I were, I would wait for a retest.
if not, plenty of other opportunities that will make retests or even dump lower
Just for fun analyzing:
I think it's not the time to FOMO into chasing the red candle, and it may form a cup and handle and a nice target to enter could be around 2.60 USD
On the other hand, maybe they will pump it all the way to whatever 5.89 targets they have.
I don't trade, but if I were, I would wait for a retest.
if not, plenty of other opportunities that will make retests or even dump lower
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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.
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.