Shrapnel: Simple Signals Leading To "Easy" 950% GrowthGood morning my fellow Cryptocurrency trader, let's consider some simple signals for this one; Shrapnel, SHRAPUSDT.
The market has two main directions, up and down.
Always, without exception, the market moves down after going up for a while. The market moves up after going down.
Periods of growth are followed by periods of contraction.
Periods of contraction are followed by growth.
A bull-market always precedes a bear-market.
A bullish wave comes after a bearish wave.
Here SHRAPUSDT is coming out of a major bearish phase. A declining market. Based on the logic above, we know that a bullish phase follows next.
Based on TA we have: A strong daily candle and bullish breakout, high volume above the daily average and a rounded bottom pattern.
Today is the third consecutive day with green, positive bullish action.
SHRAPUSDT is moving above EMA13, EMA21 and EMA34. All these are bullish signals.
These signals are pointing towards a new bullish wave. The chart shows an easy target of 950% for the initial advance. But overall, this pair can go higher, much higher by the time the bull-market ends.
We have early entry timing.
Thank you for reading.
Remember to do your own research and follow your own strategy.
Patience is key to win.
While risk is low, some trades can take months to move in our predicted direction. On the other hand, some trades can start to move within days.
Choose wisely.
Thanks a lot for your continued support.
Namaste.