To be transparent I stuck with my plan and took my 5x by selling 33% at that dashed green like I said I would. I mark my entries with dotted greens btw. I was able to escape on a wick. Once again a candle body is being rejected at this level. I added the fib extensions to the chart and the token seems to respect them decently. You will notice a contracting RSI which means we are preparing for another big move. All EMAs are pointing upward, I did add a demand we might dip into if the teal trend line is broken. We might be seeing a 4 hour cup and handle forming which would resolve above .1$ imo. I am clearly bullish here as we approach 100 million market cap which is my next profit take.
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I meant .01$ **
Comment:
I should have known it was a double top, cups tend to be after swing lows