DharmaCat_Pro

175%+ Possible! Fib levels and Fractal Fun

Long
DharmaCat_Pro Updated   
COINBASE:OMGUSD   None
OMG, here we are again! Let's get to it!

The Fibonacci retracement from the high on May 22 led to the breakout and new high of August 21st, which appears to be a fractal of the same pattern on a larger scale.

Looking at the current breakout pattern, we should see the fib levels from the smaller fractal being repeated in this larger scale fractal.

Also a bullish cross and momentum on the RSI.

The beautiful target levels and possible profit points are:
4.345
4.9
5.46
6.26
7.28
and then, $11+ ... +175% from $4.00!!!

Support at the .236 fib level of 3.65 and at the daily moving average which is about 3.5

Tight trailing stop loss starting a bit looser at 3.45


What do you think? What does your chart say? Leave a comment and let's get this money together!
*This is not financial advice, please do your own research and analysis! (Then we can compare and contrast :)*

One Love,
Dharma Cat*


Trade closed: stop reached:
Stopped out in profit,
one love

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.