We are now inside an , which tends to breakout to the upside in 70% of cases, with a gain range of 10 - 27%.
If that happens, we will be sitting in another channel, possibly repeating another trade-range, before double-topping roundabout at the previous high.
As I mentioned in my previous post, Justin Sun announced a shill event at Valentine's Day. I could imagine this will serve as a narrative for fomo action, which could lead to irrational swings to the upside (and downside).
Don't forget to set your stop loss!
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