I see here potential to double triple or quadruple of stake.
Risk is that pair could go down to 1 that's why I wouldn't put stop loss because I strongly believe that there are pending orders just below 6 which will give boost to rise again.
Look at the huge candle from 31st of may. This pair has potential to rise up for fourth time in my opinion.
If you would like to take my advise and trade it I would suggest to invest only stake you are comfortable with and don't expect returns in short time. Just invest and wait till it will reach your desired level. I put in chart some levels I believe pair will hit in future. Pair is testing round number 10 for time being.
1. Green I'm pretty sure (this one is based on highest high from 2015)
2. Orange It is probable ( round number )
3. Yellow there is a small chance based on Fibonacci projections
4. Blue maybe based on Fibonacci projections
5. 361.80% who knows
I'm not following any news articles etc. I'm just looking for good enter level and I'm looking for possible TP place where I would close trade. My analysis is based just on what I see on the chart. There are few guys which are dealing with informations and are trying to predict big wave.
even double is perfect return from investment don't U think ?
I not really checking this, I'm just trying to predict egat will happen based on tge chart only. I dont think either that anyone wuold expect thst bitcoin will go from 10 cents to 1000, same with dash. Based on this informations I'm trying to to predict what can happen. Anyway I think that 39 is probable and the other levels could happen just i matter of hours like it was in 2015.