jpbrown1023

CND - Cindicator Testing Resistance, Huge Potential on Breakout

Long
jpbrown1023 Updated   
BINANCE:CNDBTC   None
Taking a look at the daily chart for Cindicator, we can see the price action is testing overhead resistance. The MACD is showing a bullish cross over the zero line. Given the bullish sentiment of the market, I am anticipating a breakout which could mean huge gains for CND. However, I have been burned enough to know to buy the breakout. Rejection just means better prices for bigger gains so it's a win-win scenario either way. Be patient and wait for confirmation.
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