Barcelona Fan Token Accumulation

1 thg 5

Very bullish on this token, primarily because of the massive spike in volume for the recent move, which suggests this was a wave 1 of a new impulse. Also, fan tokens have actual utility and are not likely to disappear. Barcelona has the second biggest fan base of any in the world (320m) and could easily achieve a market cap of the same number - that's over 10x from here (diluted). I have a final buy target of $2.231 based on lower time frame waves but this is the dip to accumulate IMO.

24 thg 8

Ghi chú

Chart has turned into what looks like a Wyckoff type accumulation; therefore expecting a spring up to the region of $3.5, followed by some sideways action and maybe a retest of the $2 low before taking off to somewhere around $10