First wave roughly 175% Late April to Early May; 2nd wave 185% mid May; past 2 months a 35-40% trading range. So next wave, price estimate would be 150+% so 55. So play the range 16-22 and when it gets back to 22; I will sell 1/3 into strength and maybe another 1/3 if consolidation only lasts a few days. It breaks thru 24 I will buyback for the 55 price target. not advice..more my logic and current actions, especially since most mid to large cryptos waves range only at 40% to 100% gain.
Comment:
As like most "Blue Chip" cryptos...waiting for August 1st BTC resolution. "And the waaaaiting is the hardest...part". Explosive moves seem to be 6-8 wks long followed by 6-8 weeks consolidation; looking for confirmation of this theory with another explosive move that tops out mid September.