Last breakout that started on October 15, 20201 made the price go up 194% in 2 days. Since then we have observed a formation of a descending triangle lowering the price by almost 50%. The triangle is about to be completed and a breakout is coming in the next few days. There is a possibility of reaching $1.8 (200%) during the coming breakout and then resistance should form at $1.2.
Ideas:
Long: Buy now (0.67), sell at 1.8.
Then:
Short: Sell at 1.8, buy back at 1.2
Ideas:
Long: Buy now (0.67), sell at 1.8.
Then:
Short: Sell at 1.8, buy back at 1.2