we've retested the top of the channel a few times here so im thinking there could be a breakout on its way, looks like a bull flag to me (a sketchy one though)
Where do you see PTOY heading in next week? I bought at 2600.
JustinAW
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@SteveFranco, honestly with alts the TA can say one thing but if BTC continues to rise alts will most likely fall, remember though i do not offer trading or financial advice these things i post are merely my opinion
SteveFranco
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@JustinAW, Understood. Yeah, I believe BTC will have a pullback - i cannot see it continue to 10k after this 8k point. We will seee.
JustinAW
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@SteveFranco, it should ye, but btc never does what it should be doing XD if the last dip was the "pullback" i think we are in for about 11-12k, according to the fib retracement thats the next target and btc is holding 8k support very nicely, i also think ALTS wont pump as hard this season due to nobody getting their free 2x coins
JustinAW
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@SteveFranco, my plan though is just to hodl, when i entered this position i knew already that i was going in it for the long term rather than for a short term trade, i think 2600 isnot a bad entry and i do personally believe that PTOY will rise above that in the future, patience!