PUMP double bottom pattern in play!

6 thg 9

The price action is not odd, but fascinating. It made a tilted double bottom pattern (W) that only forms when demand on lower levels are elevated.
A nice pullback to the upper border of the raising wedge or the double bottom's neckline would let the rally continue to $0.0069 or even it could get perpendicular towards $0.01.
Let's see where it goes.

12 thg 9

Giao dịch đang hoạt động

Its visible on the chart that its following the double bottom breakout, and seems likely that primary aim is $0.01 target.

16 thg 9

Ghi chú

We are very close to the target, but before it reaches, I hope many have booked 60-70% of their position. It's obvious if you are a vet, you must have booked some profit already, but if you missed booking some before any tragedy occurs, these are high risks, you know.
"Not my financial advice", only telling what a vet must be doing here and risking only 30% for $0.01 target.