Am I long or short: Long, very very Long...
Why: Well... I think the most attractive part of this whole asset is the fact that it dropped like $30-$35 in one day. Besides that it hovered over $1.0-$2.0-$3.0 area which in my opinion is an INSANE undervalued asset when the volume well stretches all the way to... basically 35. This means that I expect a 2-16x from $1.0 2-8x from $2.0 and 2-5x from $3.0. If you cant tell I mean that at Minimum I think this can reach $16 in say.. a month or two? Max?. Another reason is from my Zebragilator Indicator which gives long and short signals for the daily and a short signal disappeared after a couple days it was painted while the previous signal for long is permanent at this point. Even if the short signal paints again now? until it gets credibility with the days passing by? Then by then it will be too late for it to matter. Also using momentum trading I am a Huge fan of the TTM Squeeze and we have a daily squeeze currently active and I'm excited to see when it will fire while we have this enormous volume well. This histogram also seems like a classic bullish form like a whale about to emerge from the horizon on the water. I also use the TD sequential but there is really nothing on the daily or anything on the 4 hour that is of significance. (There was but that was 3 days ago.)
Conclusion: Long
Minimum return expectation: 1-2 Months MAX for 4.25x Return on investment
Targets: $16 -> $25 -> $30 -> $40
Reasons: Zebragilator signal on Long for daily has been up days since we fell
TTM Squeeze Classic Histogram long signal + TTM Squeeze squeezing ready to fire
We literally fell like.. 35 dollars... at the $1-$4 area... Good value in my opinion with a spot wallet and some patience
We have a volume well that is literally 1 candle even though I see where we are gonna have some stops within it, Local TA matters. Basically this makes it really easy for us to move up you
wanted to.
I also see a Bullish Bat-like Harmonic which is also a bullish signal to by, exactly where it fell and flattened out at the end.
Not Financial Advice, Please be Carful with Leverage, Stay safe.
Why: Well... I think the most attractive part of this whole asset is the fact that it dropped like $30-$35 in one day. Besides that it hovered over $1.0-$2.0-$3.0 area which in my opinion is an INSANE undervalued asset when the volume well stretches all the way to... basically 35. This means that I expect a 2-16x from $1.0 2-8x from $2.0 and 2-5x from $3.0. If you cant tell I mean that at Minimum I think this can reach $16 in say.. a month or two? Max?. Another reason is from my Zebragilator Indicator which gives long and short signals for the daily and a short signal disappeared after a couple days it was painted while the previous signal for long is permanent at this point. Even if the short signal paints again now? until it gets credibility with the days passing by? Then by then it will be too late for it to matter. Also using momentum trading I am a Huge fan of the TTM Squeeze and we have a daily squeeze currently active and I'm excited to see when it will fire while we have this enormous volume well. This histogram also seems like a classic bullish form like a whale about to emerge from the horizon on the water. I also use the TD sequential but there is really nothing on the daily or anything on the 4 hour that is of significance. (There was but that was 3 days ago.)
Conclusion: Long
Minimum return expectation: 1-2 Months MAX for 4.25x Return on investment
Targets: $16 -> $25 -> $30 -> $40
Reasons: Zebragilator signal on Long for daily has been up days since we fell
TTM Squeeze Classic Histogram long signal + TTM Squeeze squeezing ready to fire
We literally fell like.. 35 dollars... at the $1-$4 area... Good value in my opinion with a spot wallet and some patience
We have a volume well that is literally 1 candle even though I see where we are gonna have some stops within it, Local TA matters. Basically this makes it really easy for us to move up you
wanted to.
I also see a Bullish Bat-like Harmonic which is also a bullish signal to by, exactly where it fell and flattened out at the end.
Not Financial Advice, Please be Carful with Leverage, Stay safe.