TradingView
EthanTW
Apr 18, 2024 5:54 PM

1CAT target 0.3 Long

Bitcoin Cats/TetherGate.io

Description

12h time frame
-
1CAT is building the second leg of a potential big double bottom, which show a critical resistance around $0.012, also the neckline of DB. Standard method to estimate target from a double bottom would get $0.0196, that is the 200% Fibonacci projection. Furthermore, if we consider the GameFi/BTC L2 potential that 1CAT possesses, there is more possibility to reach higher like hit $20 B at market cap during bull market.
-
Bull target: $0.3~$1
Comments
Murdaawg
Any update?
More