These are the lines I've drawn hopefully I don't have to change them tommrow?
If this is a cup and handle we will see a bounce here at the .286 , .382 , .5 , or .618 FIB with the strength of this pump I could see it bouncing right here . If this is a true cup and handle it could pump really hard. At least that is how it goes in crypto (100% pumps) .
This is how I'd look at it in the near term. Watch how it interacts with resistance. It could cut straight through and pull a Tesla.
because I haven't seen anyone else call it.. I'm gonna take a shot in the dark at 10k - 10.5k target Maybe a brief sideways move along S/R channel before settling in the 8k - 9k range .
Might abandon trade if we visit sub 1150 sat . looking for volume to pick up . target 50% Fib .
We see at the tail end of 2018 the MemeCoin/RealCoin Index is inverting
I'm hopeful that this trend will not repeat... my thinking is that it probably won't since I have an inkling that SEC is already investigating this manipulation... I'm perma-bull .. that almost got imperma'ed recently.. but slowly regaining faith.. I know I probably shouldn't be...