This baby has retraced to fib 0.786, which this coin likes to do, and is ready to fly again.
buy in 510-540
targets :
1. 666 2. 720 3. 1077
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Buy target 540 reached
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Buy target 530 reached
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Bitcoin made a move up, and resulted in most other coins temporarily moved down.
Buy targets 520 and 510 reached. Also premium buy target 465 hit.
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I believe 590 is imminent
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Triangles are cool.
I remember first time I saw theese charts, thinking how ridiculous theese channels and geometric shapes were.
Now I dont think its ridiculous.
I can admit I didnt enjoy this coin breaking thru the floor of this channel, and it was one of my first posts I shared. Im pleased to see we hit some sell targets now, and it will be interesting to see how this behaves in the near future.
Will it bounce on the triangle? I hope so, it would seriously please the math geek in me.
I didnt have a stop loss on this, I Just bought more as it went lower and lower. I know some traders will not like this, but I am not That conservative. Its crypto. In a market we know will hit New All time highs. With shit coins gonna spike as whales play, all the time. Risk? To risk using a stop loss? Im happy with my 300% Do it like you want to.