This market has taught us all one thing, right now it is in the hands of whales, market manipulators, whatever you want to call them.
Wait for confirmation. Buy in Accumulation zones and ride this storm out.
We all know how this is going to play out, price needs to retest long term trend line.
1) Drop to $7200
2) Form Triple Bottom
3) Moon Mission - Engage!
I believe the institutions (and by that I mean mostly hedge funds) & whales have been accumulating ... BTC will make a move to $11,000 after it bounces from that 7200 level.
Major coins that I...
Whales are still toying with $BTC so we can expect some sideway action.
Big 10 (top ten MC coins) have not pumped yet, but they are all setting up similarly.
We can expect in the next week or 2 for these coins to pump around the same time.
BUY: ~ 40k sats
SELL: 48k , 57k, 71k +
Mainnet is coming in a few weeks, this is just a healthy retracement after creating a new ATH ... I expect some consolidation around here for another week or 2, then Expect 70k+ !!!
SELL: 62k, 70k, 150k+ (<-- This is where I will cash out a large portion)
Market Cap currently = $168,262,800 USD
Do NOT panic people, we have a lot more room to run.
NULS has been accumulated (see blue box around volume bars), breakout above wedge has been confirmed. See Targets in green.
ATH totally possible during next alt run. Market CAP is very low vs comparable projects.
We are clearly in the uptrend channel.
Need to break through a few resistance levels, but the momentum should build leading up to Partnership announcement.
Speaking of which, if I had to guess, I would say the Partner is PayPal (based on some fact, but guess is pure speculation). And the German bank issuing debit cards, I believe is Commerzbank.
**Not financial advice