Considering the current bullish flag formation (considerable spike up followed by a pullback and down trending consolidation), this is my estimation of what we can potentially expect with an impending breakout. It's important to note that once we've broken resistance, you will need to look for higher than average trading volume to confirm the breakout will continue beyond the current cycle ATH. I estimate the volume will likely need to be at least 180m on a 4-hour chart to push us where we want to be.
The breakout referenced will be followed by a retracement and consolidation back to lower 100s... moonshot soon after that.
Just my 0.00000002 sats . Open to any/all feedback and comments.
Not financial advice.
The breakout referenced will be followed by a retracement and consolidation back to lower 100s... moonshot soon after that.
Just my 0.00000002 sats . Open to any/all feedback and comments.
Not financial advice.