1-3 month outlook: accumulation around 1.5-2cent sell targets are 8-10 cents
Review of the breakdown from 8 cents.
- Lower and lower volume on pumps and dumps suggests that despite our best efforts, retail is just not enough to move the needle and control the market. Each time we are tested at a support, we fight back with very little impact.
- Retail buying is not moving the price in any significant volume. Needs the ROBOTS help to push into higher levels with higher volume
- Its more likely that whales are letting people buy in, then tanking the price to force weak hands to sell so they can get a better price (ideally under 2 cents)
- After smart money has had enough sellers to fill their bags, they will push the price up to create another "moon mania" so they can sell their 3-5x holdings into retail traders jumping in.
Where is smart money accumulating? Have they even started yet?
Lets work backwards to find the buy targets.
- Smart money knows we all want to hit the 10 cent target, so they will need people to start pouring in during the run up, such that there is enough people to sell into before the 10cent mark where everyone else starts to dump, which means they need to start unloading around 8 or 9. They just need to test the previous high at 8, bounce off a couple times to trigger all the TA analysts and media hype, breakout to new highs to start the run, then sell into everyone to unload their bags, topping out around 9 maybe 10, as retailers run out of steam.
If they sell at 8-9, and they want AT LEAST 3x, that means they need to accumulate under 3 cents, but probably 2 is better. Ideally around 1 cent, which coincidentally has some support around 1.5 cents. 1.5-2 cents is an ok accumulation zone, where you would get around 4-5x if you sold it in the 10 cent range. That would be approximately a 80
Our strategy: let them tank it to 1.5 - 2. they might even take it lower. Then start buying AFTER you start seeing large buys at bottoms with a long tail. (bought back very fast with volume) Sell 25% once you hit your first price target under 10cents, let it ride some more if we see strong push to 9 cents and beyond. (Fibonacci 1.618 extension is @ 13cents fyi....)
TLDR: we are fighting HF and quant robots guys, dont panic sell. Wait for better prices to buy more.
Review of the breakdown from 8 cents.
- Lower and lower volume on pumps and dumps suggests that despite our best efforts, retail is just not enough to move the needle and control the market. Each time we are tested at a support, we fight back with very little impact.
- Retail buying is not moving the price in any significant volume. Needs the ROBOTS help to push into higher levels with higher volume
- Its more likely that whales are letting people buy in, then tanking the price to force weak hands to sell so they can get a better price (ideally under 2 cents)
- After smart money has had enough sellers to fill their bags, they will push the price up to create another "moon mania" so they can sell their 3-5x holdings into retail traders jumping in.
Where is smart money accumulating? Have they even started yet?
Lets work backwards to find the buy targets.
- Smart money knows we all want to hit the 10 cent target, so they will need people to start pouring in during the run up, such that there is enough people to sell into before the 10cent mark where everyone else starts to dump, which means they need to start unloading around 8 or 9. They just need to test the previous high at 8, bounce off a couple times to trigger all the TA analysts and media hype, breakout to new highs to start the run, then sell into everyone to unload their bags, topping out around 9 maybe 10, as retailers run out of steam.
If they sell at 8-9, and they want AT LEAST 3x, that means they need to accumulate under 3 cents, but probably 2 is better. Ideally around 1 cent, which coincidentally has some support around 1.5 cents. 1.5-2 cents is an ok accumulation zone, where you would get around 4-5x if you sold it in the 10 cent range. That would be approximately a 80
Our strategy: let them tank it to 1.5 - 2. they might even take it lower. Then start buying AFTER you start seeing large buys at bottoms with a long tail. (bought back very fast with volume) Sell 25% once you hit your first price target under 10cents, let it ride some more if we see strong push to 9 cents and beyond. (Fibonacci 1.618 extension is @ 13cents fyi....)
TLDR: we are fighting HF and quant robots guys, dont panic sell. Wait for better prices to buy more.
