$SOL Long Set upsIf We Get A Move Down
50% retrace of this up move wouldn't surprised me. Week before the election might give us a good discount to add a spot/perp longs to.
The Plan
Try not to freeze in time and wait for a perfect set up to happen. Most times the set up isn't perfect, most cases all you see is panic and fear when that dip actually comes. You also might think it'll go lower. Execute your plan and stay to it. MY plan is to bid the retest of the range we broke out of. (6-7month range). Have a stop loss to the previous low. It's a bull market. SHORTING will get blown out. Think Higher.
Happy Trading & Good Luck.
Uponly
Up only (UPO) looking "up only"If you like to DCA into high risk (gaming related) token with big potential - this idea could be something for you!
This chart reminds me Nakamoto Games - looking super strong!
Daily close above 0.137 and I think we can see another big explosion.
If the crypto market stays healthy I think we could see a 77% "move" to play out.
REMEMBER
Risky token, low market cap, play safe, non financial advice.
Up Only (OPU) - long crypto gaming, huge potentialTrading low cap is fun but when you can find hidden games just by identify them by chart.
UpOnly (UPO) is a Web3 Gaming Analytics and Prediction Platform (like the narrative btw)
UpOnly (UPO) have:
1) A Nice looking chart
2) Low market Cap
3) A lot of Twitter followers (110K)
4) Exchange Listings
When I see something pooping out like this in the chart after 16 months of accumulation, It's almost a screening buy. But I like to do some research and find a good entry first.
In this case I think a good entry point could be at 0.062 (FIB-level 0.382).
This is of course a wild bet that could go to zero - but I like it, I see huge potential here!
DEJA VU #bitcoin $btcTimescale Fibonacci helps you not only map by and see levels on the y axis, but also on the x-axis. Time cannot be ignored.
The similarities so far are uncanny. 0.382 fib was the approximate top, previous cycle and this.
This cycle BTC topped first on the 0.25 fib. Then the final higher-high of ~69,000$ on the 0.382 ..
Bitcoin also bottomed out around the 0.618 level..
The price action is rather similar to the previous cycle..
Breakdown, to accumulation, to fast fomo rally, into an ascending channel (not a flag), before another push higer, aka, the "echo bubble"...,
BTC 69k is not cycle topIf we zoom out and we compare this situation with what happened last year oct/november is so similar, i don't think $69k was BTC cycle top and i don't think now we are in bear market. I expect to have atleast 50-80% bear market correction but i don't think we are already there. We will have atleast 2-6 months bull market from here. I can be totaly wrong, imo.