Scenario 1: Chart hits support level at double bottom, stoch rsi at oversold could trigger another leg up
Scenario 2: Descending triangle signals chart to break support and fall ~2x
Will wait until clear pattern before executing
End goal is rather ambitious, but with private alpha release coming soon could trigger an upswing
Scenario 2: Descending triangle signals chart to break support and fall ~2x
Will wait until clear pattern before executing
End goal is rather ambitious, but with private alpha release coming soon could trigger an upswing
Comment:
Making a new trend line from before the pump lines up with the falling wedge so might buy in around 23-24k
Trade closed: target reached:
Was impatient and bought at 28k after a few days, sold at the short pump for 25%