RAYPERP
BULLFLAG on RAY-PERP (FTX ); target should hit just under 20$. I see 2 scenarios; either BTC dumps and BF completes full downward retracement (dotted lines) or scenario 2) BF is completed (solid lines) and long the breakout from above. Thoughts?
Entry would be current price $12.75 or buy the breakout above $13.50.
Targets just before Fib Lines. Final Targe would be just before $20. Dont be greedy, take profits BEFORE those fib lines and BEFORE those psychological numbers ei $20.00. Doesnt take much for BTC to bleed the market, so manage it tightly, don't over invest, take profits and shift your SL above entry once youre comfy. Not financial advise, jsut sharing my thoughts and hope you can succeed from my shared ideas.
Feel free to leave comments, hit like to show support and if you manage to hit targets from my ideas, tips are welcomed :)