All tokens, depend on BTC .d and BTC . If BTC dump, market follows. We are in alt season so BTC .D doesnt have as strong impact but must keep on watch for all trades, any setups or TA can easily be dismissed when BTC dumps or when BTC .D increases.
Potenatial 5 wave EWT formation. Commonly seen on many charts with the final target returning to previous high here. Targets shown n Fib lines. Final target here would be equivalent of flag pole length from tip of flag (just above $9). Take profits BEFORE those fib lines and BEFORE those psychological numbers ei $9.00 Not financial advise, just sharing my thoughts and hope you can succeed from my shared ideas. Never over-invest. Be patient and trade cautiously.
Feel free to leave comments, hit like to show support and if you manage to hit targets from these ideas, please let us know. Tips are always welcomed :)
Thank you for viewing, sharing and safe trading to you all!
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ERROR: Target is NOT $9. Thats acopy/past error from my other posts. Target is roughly $0.0005
another potential playout based on above. I suspect it may dive down and find support around the $0.00013 area as this area has yet to be re-tested since the runup. Would seem logical to me if it does and will def aim to load up if it does. Current buy order is set to $0.00013.
tonybonet31
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I hold KIN, but isn't $9 a bit of a too high target for it?
brycexps
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@tonybonet31, this. That $9 must be a typo. Was thinking the same thing..
CryptoHolix
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@tonybonet31 do you have a TA on KIN to share? would be great to get some different perspectives. thanks
CryptoHolix
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@tonybonet31, yes was def a typo (copy & paste error frommy Bake chart). I posted it but seems to have not been posted, unsure. but yes, we may still go a bit lower. The 5wave was a estimated projection. There's an actual calculation based on % for each wave, could be better to use for price accuracy projection. We shall see soon how it plays out.