CUBE should be taking the next leg up to complete it's 3rd wave likely somewhere in the mid 30S (WAG). This will be followed by a corrective 4th wave pullback then a final series of moves higher to complete the full 5 up targeting $50 plus.
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Not liking the action I've cut my CUBE longs. Thinks there's increasing probability we could drop down to the $10 or so range before next leg up.
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Odds are favorable to my eye we get the dreaded 'One More Low' and drop to the ~$13-14 range before starting next leg up.
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Looks like we're headed to low 16s. If crypto land really starts to break down we could see $8-10.
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Well, there was the 'one more low' drop i was concerned about. not sure the carnage is done yet either..
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Still expecting the 5th of 3rd wave up however obviously much deeper pullback after top of wave 3 than expected.
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3rd wave commence!
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Has CUBE finally bottomed?! could it be possible?! lol .. looks promising we'll see.
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d'oh! nope. still waiting for my 10 handle to pickup a tranche .. looks like i may very well get it after all.
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Fugly .. dead money. Not sure where this sucker will bottom at this point. A=C correction would suggest 8-10 range as most likely.
Odds are increasing that we get that final drop down to the $8-10 region.
cuecumbers04
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This is just sad. Remember me when I told you to short?
cuecumbers04
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@cuecumbers04 I apologize for the hostility, mistaken you for the another cocky cube shill. Glad you closed your longs!
cuecumbers04
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Actually a good time to enter for a quick trade tho if market showing strength. NFA.
tendency
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6 handle yet i still have not bought. getting tempting down here though..
tendency
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If the counts I have for other cryptos are any indication this *should* be our final flush coming up.
TheKitchenTrader
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Silver lining... looks like we have a nice falling wedge. Thoughts or Update Tendency? Thanks.
tendency
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@TheKitchenTrader, ah great minds think alike! I was just noticing it appears we have a falling wedge. Selling pressure seems to be drying up as well so we'll see. Cautiously optimistic. Really like this coin long term seems like they have a great team and think it'll be valued similarly to SAND or MANA down the road (which could make it a 10-20 bagger from these prices).
TheKitchenTrader
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@tendency, Yeah Daily RSI Stoch completely scrapping the bottom and agree doesn't seem to be many sellers left. At only 12M tokens in circulation and its VR niche this should be a $100 token in no time. Needs more exchanges.
tendency
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@TheKitchenTrader, more exchanges for sure. ALTs are starting to get jiggy across the board. Check out MATIC.