Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!!
People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming!
You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling
Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions!
Facts: 1. Small Market Cap Gem in DEFI! Market Cap is only $1.8 Billion! 2. One of the few cryptos that are down on the weekly timeframe, while the rest of the market is up! Buy the fear! 3. Stochastic RSI - When we have a Stochastic RSI cross, we 2x-10x in price! We may cross again soon! 4. RSI - hasn't been this oversold since January 2021! Time to pay attention! 5. Located on all the big exchanges! (Coinbase, Binance, etc)!
Buy Target: $268 (Corresponds to the 0.786) *May wick down before skyrocketing!*
Sell Target: Target 1: $1547 (Corresponds to the 1.618) Target 2: $2382 (Corresponds to the 2.618)
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
"The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become."
"If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
I've been dollar-cost averaging the tips I make at my job into this ever since the bullish divergence appeared on September 30.
Stochastic RSI has been wiggling above 50% ever since support was hit that day.
Money Flow Index also shows a similar divergence after September 30.
Bollinger Bands are squeezed tight.
CrashWhen
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This thing is about to pop, amazing chart. I also share a long term PT of $1,500.
Jasmypet
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Hi the buy target already hit or still valid?
Mezoooo
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Amazing job my frined. Loved the chart and the caption
Frosty55
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Nice job! It seems that the price of COMP confirmed your support line
robileak
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thanks, i m going to long
Traprock
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I just bought some yesterday... but will definitely be buying more. I have a question, as it is something I am always second guessing myself. With your TP1 and TP2, how much of your investment do you allocate to each? Thank you!
Stochastic RSI has been wiggling above 50% ever since support was hit that day.
Money Flow Index also shows a similar divergence after September 30.
Bollinger Bands are squeezed tight.