KARRAT-Bullish setup on the table for a 90% gainKARRAT looks to be flipping to a bullish wave up for a 90% gain. We will see a push up to the blue box I plotted which is the convergence area at $0.37 near February 20th, as the price moves back towards both the 200MA and the yellow dotted line which is the POC (Point of Control) via The Volume Profile.
RSI and MACD flashing a more positive crossover soon.
The price needs to converge and equalize back towards the 200MA (the 200MA is a "Magnet" Indicator), the price is always trying to stabilize as close to this as possible especially when looking at macro time frames. This is when 200MA has its strongest values.
I plotted 2 other take profit targets (the 2 gold lines) at $0.57 a 200% gain, and at $0.70 a 270% gain.
Lets Get This Money!
