Wedgie time around the corner
Describe what I'm thinking and why... hmm okay.
well I am currently going Long, in at $0.18 target $0.24 trade...
by looking at the long term downtrend we are looking at possibly as high as $0.26 spike and another good drop over a few weeks down to $0.10...
BUT...will this theory hold?
I'm going to sell at $0.22-$0.24 either way for a 20-30% gain... ...
if we see a spike above $0.30 in this current run, and if that price doesn't look like the previous runs, with a 3-5 cent 1 day candle wick.... then maybe we're breaking the tread, this falling wedge will trigger the reversal.
But I'm thinking we can get a tighter squeeze back down to 10 cents before a final reversal.
It's crypto, no one knows. I don't know. I'm just keeping an open diary of my rants.
Best of luck!
well I am currently going Long, in at $0.18 target $0.24 trade...
by looking at the long term downtrend we are looking at possibly as high as $0.26 spike and another good drop over a few weeks down to $0.10...
BUT...will this theory hold?
I'm going to sell at $0.22-$0.24 either way for a 20-30% gain... ...
if we see a spike above $0.30 in this current run, and if that price doesn't look like the previous runs, with a 3-5 cent 1 day candle wick.... then maybe we're breaking the tread, this falling wedge will trigger the reversal.
But I'm thinking we can get a tighter squeeze back down to 10 cents before a final reversal.
It's crypto, no one knows. I don't know. I'm just keeping an open diary of my rants.
Best of luck!
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