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ParabolicP
Feb 9, 2024 4:08 AM

"PRQ/USD chart shows characteristics of a cup and handle pattern Long

PARSIQ / United States DollarCoinbase

Description

The PRQ/USD chart showcases an interesting development with elements resembling a cup and handle pattern. While not definitive, we can observe a rounded "cup" formation, a downward handle, and a potential breakout point. Based on technical analysis, the target could be $0.38. However, remember that PRQ/USD is a low-cap gem with inherent risks and high volatility. This is not financial advice, and other factors like fundamentals and market conditions are crucial. What are your thoughts on this potential pattern and its implications? Remember, always do your own research and consult a financial advisor before investing.

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This is a long term trade for me 12-18 months

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Comment

Comment

Good lord this moves slow

Comment

The target was for July 2024 in all fairness.
Comments
mattyghost1
Can't bust past 19s...Slowly retraces to low .16s then gets flipped 19s 20s
mattyghost1
@mattyghost1, and just like that down again to 16s it's done
ParabolicP
@mattyghost1, it’s a very low cap and I’m surprised it’s on coinbase.
mattyghost1
@ParabolicPanic, yup but not enough volume I loaded sei instead
ParabolicP
@mattyghost1 how about now?
mattyghost1
@ParabolicP, I've increased my portfolio 5 figs since looking at that one recently aped aero.. I would have been stuck in the low 5k range waiting on this to pop. .It took way too long for movement
ParabolicP
@mattyghost1 like link Ada Xrp avx too. I hate when that happens
ParabolicP
@mattyghost1 oh man aero went crazy
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