Last time this happened, we broke 2600. Now? 10000‽!
This coin has a future, but be ready to lose a 0. If it keeps this track pattern it will drop to 800/900
Current potential scenarios based on averages and trends. Good luck, you should see a small recovery before the next potential big dip or breakout.
This isn't the breakout we've been expecting. Still got one more dip, the rise pass the average extended the triangle so one more chance to accumulate.
It won't hold long at this level. There will be another dip down to the 1500 then breakout.
Target sell price is around 1750, It will dip back down to low 1500, high 1400s before possible breakout. Worst case, see my possible scenarios chart.
KUCOIN:ELONUSDT Things are still on track with this short term descending triangle. It can break out since it's within an ascending triangle or continue on a bearish pattern until the next lower support level. 🤞 *Not Investment Advice*
Buy between 1650 and 1615. Small H & S above, will dip and continue downtrend with lower highs until breakout.
Bullish or bearish, there are chances to make money here.