This weeks action: trend reversal (490% ROI) OR a move to 30 sat
Red lines = resistance (which used to be support)
White lines = new upper resistance trendline
Yellow lines = newly found support levels after not being able to break the white lines
Bearish scenario:
If history would repeat itself, then I expect the final drop to happen towards 30 satoshis. I have zero reasons to assume going lower than 30 satoshis. If the drop happens, we could possibly remain in this zone for 3 more weeks, as the red line hits 30 satoshis around 7th of September. I would personally pick up all the NLG I can within a stretch of 10% of 30 satoshis.
Bullish scenario:
If Gulden finds its way to break the white line in the upcoming week, we might get some fireworks. I will personally also start buying at the breakout of the white line.
Targets will be:
1st - 107 sat
2nd - 233 sat
3rd - 257 sat
4th - 343 sat (490% ROI)
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My ideas are NOT to be considered as financial advice. I share my ideas with the sole purpose of informing those people who asked me how I trade with profit in NLG.
My first recent short notice was at 230 satoshis (See related idea), you can calculate my profit yourself.
White lines = new upper resistance trendline
Yellow lines = newly found support levels after not being able to break the white lines
Bearish scenario:
If history would repeat itself, then I expect the final drop to happen towards 30 satoshis. I have zero reasons to assume going lower than 30 satoshis. If the drop happens, we could possibly remain in this zone for 3 more weeks, as the red line hits 30 satoshis around 7th of September. I would personally pick up all the NLG I can within a stretch of 10% of 30 satoshis.
Bullish scenario:
If Gulden finds its way to break the white line in the upcoming week, we might get some fireworks. I will personally also start buying at the breakout of the white line.
Targets will be:
1st - 107 sat
2nd - 233 sat
3rd - 257 sat
4th - 343 sat (490% ROI)
---
My ideas are NOT to be considered as financial advice. I share my ideas with the sole purpose of informing those people who asked me how I trade with profit in NLG.
My first recent short notice was at 230 satoshis (See related idea), you can calculate my profit yourself.
Comment:
1st target is hit! Next up is 233 sats!
It seems like it is bull time! I am buying now!
!!!