Made some decent profits yesterday at 1.60 to 1.85 and then was waiting for a wave 2 correction to 1.40 --- unfortunately, it didn't get down to that 50% that I was looking for and missed the entire overnight rally. This baby has some serious fomo right now because of it's El Salvador/NFT news. So, seems like people think its seriously undervalued. So it could be the next SOL trade.
Anyways... to update..
Today we can now see a more developed structure than yesterday.. It's still looking juicy here, seems to be ranging nicely in trend and on the MACD.. targets of the next up move look to be $2.6 - 2.65. (As long as Bitcoin doesn't take a dump today).
Sure I can see $3 to $5 here..but.... I am playing this quick impulse fomo move up that should occur in the next next 12 hours. This top will then probably be the 1st wave up and then we should get a proper wave 2 pull back so will update this post as it progresses this could be a nice end of wave 1 and a really cool wave 3 if all plays well :)
Good luck guys, Remember DYOR and use STOPS :) Watch for previous highs of 1.80-1.85 as a support zone if this trendline breaks.
Let go algo! It’s hovering around 1.90 let’s hope it holds up
davy101
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@DubsHTX, lol, i just closed at $2,20 that was a 35% gain at 3x in under 2 hours! Feel sad but had to lock in profit and not be too greedy! Its mental man! Algo is on easy mode right now. I am going to look for consolidation or pull back as I want to enter again, this baby is going to $3 / top 10, lots of fomo right now
DigitalWealthMgnt
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I sold at 2.12-2.17 then bought back in under $2 and got a new entry of 2.02