Long
DLTBTC - Rounding out a larger future cup + handle?
DLT has been making steady and appreciating gains over the past week and looks primed to pop with an ultimate high at or near the .786 or 1 (previous ATH) levels.
Fractal speaking, we can see a *possible* cup+handle forming within a larger cup+handle formation.
This could then be followed by an ABC correction forming the handle of a cup and handle before "mooning" sometime late Spring/early summer?
Not financial advice! Just an idea! But a coin I'm hodling for now.
Fractal speaking, we can see a *possible* cup+handle forming within a larger cup+handle formation.
This could then be followed by an ABC correction forming the handle of a cup and handle before "mooning" sometime late Spring/early summer?
Not financial advice! Just an idea! But a coin I'm hodling for now.
Note
DLT (and most alt coins in general) ran out of steam when BTC surged to test $10K resistance only to fall back down towards $9KBTC's price is at the same approximate level it was on May 2nd but most alt coins are down 20% as a result of the move.
Note
Update with current wave 3 target of 6200 satsNote
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.