Such a piece of news and a price spike of course needs its accumulation period.
We're right in its middle, where prices are bouncing up and down in the 520-580 sats zone.
I confess I'm holding a nice chunk of this bad boy, so I'm a little biased over it, but I definitely think this is one of the few coins with a future around here and my investing/trading style is more oriented towards solid profits in a longer time then betting for the next +100% shitcoin.
I definitely think this may be a good entry point, and to play it safe, before pulling the trigger, you should look for:
- Wedge breakout
- Trading range breakout
- More volume
- RSI back to the bullish zone (>50)
First targets are 700, 800 and 900 satoshis.
We're right in its middle, where prices are bouncing up and down in the 520-580 sats zone.
I confess I'm holding a nice chunk of this bad boy, so I'm a little biased over it, but I definitely think this is one of the few coins with a future around here and my investing/trading style is more oriented towards solid profits in a longer time then betting for the next +100% shitcoin.
I definitely think this may be a good entry point, and to play it safe, before pulling the trigger, you should look for:
- Wedge breakout
- Trading range breakout
- More volume
- RSI back to the bullish zone (>50)
First targets are 700, 800 and 900 satoshis.