the1747trader

PLAYDAPP Play

Long
the1747trader Updated   
COINBASE:PLAUSD   None
Hi everyone,

There are a lot of opportunities right now but the one I am most comfortable with in the meantime is PLAYDAPP. As the majority of the volume and history is visible on the KRW chart I’ll be posting that and using it for targets. I’m watching the 4hr and I see some incredible consolidation after a 500%+ run. I’m very confident that there will be a 15% move in the coming days which is well within the current fib retracement levels. Moving averages are all strongly positive and the price has passed the major resistance from the first major run around this level meaning I believe we are very close to price discovery. There is minimal resistance on the way up and so I think this is a strong contender for a 50%+ move from the current price. A perfect entry for this trade would be around 1.02 but I think the difference between now and there will be minimal. I bought in at 1.00 and 1.04 which puts me at an average of 1.02. The early target is around 1.20 and the reach target of this first run is 1.60. Cancel trade if price falls below 1.00. No long term opinion so I'll be leaving a minimal position if this pays off. Good luck!
Comment:
Sold 75% for ~1.35.
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