MSTR100 | Pennant | Potential LONGSitting onto a nice Volume Shelf here. What we see is a Pennant or a Ascending triangle forming here for a higher move up especially with the Price sitting onto a volume shelf.
Next PT is at the first Fibonacci PT 1.618 ratio at 1.2582266. If Price can get above that and hold we can move higher. For now a DCA strategy on this coin would work if pennant doesn't get invalidated.
I personally will buy at around .82 and then .73. Below that pattern will be invalidated and will need to change strategy.
PT based on Fibonacci ratio:
1.25 > 1.69 > 2.13 > 2.40 then ATH and maybe higher if hype follows.
