Think we largely saw a fakeout in the crypto market which led many to believe that the bearish turn is here. However, I think we have one more push up in many coins that haven't already touched their 200DMA.
$SYN meets that criteria. I think we're likely to see one more push up from here for a potential 25-35% gain.
I'm looking to be fully out of all crypto positions by the 24-25th of next week - as I do think that's when we will see a turn lower. If this move doesn't play out by then, or if it falls below $.74, then this move would be invalidated.
Let's see how it plays out.
$SYN meets that criteria. I think we're likely to see one more push up from here for a potential 25-35% gain.
I'm looking to be fully out of all crypto positions by the 24-25th of next week - as I do think that's when we will see a turn lower. If this move doesn't play out by then, or if it falls below $.74, then this move would be invalidated.
Let's see how it plays out.
Comment:
Target hit.