On the above 3-day chart price action has corrected 96% since the awesome sell signal back in March 2021 (not shown). Now is an excellent moment to be long. Why?
1) A break out from price action and RSI resistance as price action falls on historical support.
2) Multiple oscillators printing bullish divergence over a 7 week period. Amazing.
3) The target is $8. Some of you know why some of you don’t.
4) Unlike many projects around this market capital size (56m) it is fantastic to see circulating supply matched by the total.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6% of portfolio
Timeframe: Don’t know.
Return: 20x minimum