The risk reward for this setup is great. It is worth taking if you believe in this project and like what they do. This is obviously a long term hold and if we can break out of the triangle we are in. Then sky is the limit. What are your thoughts?
And there it goes.. Nice lift off :) will it correct or rather push forward?
AbdorhmanThi
⋅
@schizaar, Too big of a lift off. I am waiting for correction. But it is still a steal price to hold long term.
StockDweebs
⋅
This chart - I agree 50% with.
It will go back up to touch the resistance line like you've shown - however, it will go back down one more time.
We are currently in an ABCDE correction and the up is D (what you've shown) and the down is E. After E, we will finally break resistance. So i'd buy low at D, sell high at E, then buy back in after E is finally finished.
owlfred
⋅
this project has slipped on release dates, have been involved with pump and dump groups, are involved in some highly suspicious activity in regards to theft at Coinpouch. if you look in their github, there is none of this code promised. i'd steer clear.
AbdorhmanThi
⋅
@owlfred, i like to trade pump and dumps. but thanks for the heads up.