We already know this chart setup, its price dynamics and patterns, let's revisit:
1) We have a correction, ABC, leading to a major low in August.
2) In September we have a lower low —sometimes a higher low.
3) The action go flat on the bottom side and we get some consolidation.
4) Early bullish signals start to appear in the form of bullish action.
5) What tends to follow is a very strong bullish breakout.
For Ether-Fi (ETHFIBTC), we are looking at mid-term targets of up to 200%. There can be more of course, but these are the conservative targets and do-able within a few weeks minimum or maximum a few months.
These are the easy ones.
➢ Buy and hold. ➢ Patience is key. ➢ The market will take care of the rest.
➖ Set the sell orders on target before-hand. ➖ Or set an alarm to sell when prices are up. ➖ Rinse and repeat.
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