jariii

WTC monster bounce incoming (326% potential profit!)

Long
jariii Updated   
BINANCE:WTCBTC   None
WTC is currently in a very strong downtrend. At some point in the near future it is going to bounce like crazy. The problem is that it is currently trading at an all time low, making it impossible to predict where the bottom of this current violent dump will be. 700 - 800 sats is where I've put the buying range on this chart, however that is just an educated guess. It may just aswell go a bit lower, or bounce from the current level, but in any case the bounce is coming. I've personally already started accumulating here in the 1000 sats range, and will buy a whole bunch more if it goes below 800 sats. The profit taking range is from 1890 - 2990 sats, with 2990 sats giving you a ridiculous 326% return if you can enter at 700 sats! This will just be a normal bounce in the current macro downtrend, which makes it even crazier that such a huge potential profit is achievable. If you want to play it safe you can wait for it to start bouncing with some big volume before you enter and ride it to that 1890 - 2990 sats range. If you're a trader who likes to take big risks like me then you can start accumulating already. Good luck!
Comment:
I've gone deep here at 800 sats, hoping to ride it to 3000-3500 area
Trade closed: target reached:
The target of 2990 sats has been destroyed! Congratulations to everyone who bought in the entry zone and sold it at or above 2990. Absolutely massive profit.
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.