If we don't get a meaningful correction now, I expect this to go straight for the last high of 0.48, form a double top, correct to monthly resistance (yellow line) of 0.41, then take off for a higher double top at 0.84 (see September 2021 high).
After that, who knows. May as well go for $2 but Bitcoin will have to be hitting all time highs for that to happen, imo.
After that, who knows. May as well go for $2 but Bitcoin will have to be hitting all time highs for that to happen, imo.
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Looks like we may be getting the correction now, which is great. General idea stands, unless the correction just doesn't stop.
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Nice pump but looks a lot like exit liquidity. I need to see it settle above 41¢ before I'm convinced this is a new leg. But if BTC is on a new leg, so is CFX, and I'll increase my position.