Apollo_CB

Huge cup and handle on AKT

Long
CRYPTO:AKTUSD   Akash Network
AKT like many alts is forming or has formed a huge cup and handle. This price action is wild to see, the same draw down that happened before the last crash happened all over again. The crash dip was an 46% move, the dip we just saw was 37%. If we retrace all the way back to the golden fib we have another 20% downside. My short-term target remains in the sevens. The resolution of the cup and handle is around 12$. BTC is likely to continue to wash out leverage so be careful. I wanted AKT as an Ai exposed token that provides passive income while I watch the cycle play out, this helped diversify my RNDR bags.

-Remember, my colleague and I have been in alts since the bottom 15k BTC price
-Do not let fomo control you
-Dip buying on these massive corrections in small amounts works well
-Bitcoin is a safer dip buy than any alt any day for long-term minded folks

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