It's been over a year since I touched CULT. But now it finally looks attractive again. What I like about it are:
#1 - Nice Cup and Handle Pattern which hasn't played out yet. Target will give us at least 25% profit.
#2 - While many alts have already experienced massive pumps, CULT has not yet.
#3 - Daily RSI is at a very reasonable level.
Get ready because I...
which is a 87% to 174% move on the cards
if it breaks and reaches the ultimate log target
highly conceivable given the young age of the coin
there is also a claim phase ongoing to other #meme communities
such #SHIB #FLOKI #CULT etc
although it appears not for much monetary value
great for awareness and getting the coin on peoples radar
It's been a while since I've thrown a good signal your way. Here's something I've spotted on one of my favorite alts, CULTDAO, an inverse H&S pattern.
Entry = A break of the neckline with confirmation on the daily.
SL = Below support at 0.00001288 pending risk tolerance
Target #1 = 100 day MA (purple)
Target #2 = 0.00001981
R/R Ratio = should be around 2
*Note:...
Traders,
Many of you might be surprised to know that I have continued to HODL CULT. I will show you why I have done so from a technical perspective as well as show you what would cause me to sell.
- Stew
CULT has formed a perfect W pattern and is about to breakout. MAC D is also Bullish. This chart is 30 min chart But 1 and 4 hour chart looking bullish as well. Have labeled good entry points and stop loss. Also Take profit is set and have a couple of opinions on where it should be. Also think this coin has a lot of potential and could gain much much more than...
