This is an interesting set up. Illustrated are the 2 scenarios i can see playing out in the
near future(a few months). The upside potential here compared to the downside risk in my opinion is logical. I am bullish, however continuation bellow the support level highlighted would render my idea invalid. I believe this will slowly build momentum, until eventually the trend becomes obvious, and we see an aggressive impulse move back up to the highs. At which point one should reassess the previous strategy and act accordingly. Cheers and blessings to all.
- Mr. Martinez
pepe, doge, pulse, eth, btc
near future(a few months). The upside potential here compared to the downside risk in my opinion is logical. I am bullish, however continuation bellow the support level highlighted would render my idea invalid. I believe this will slowly build momentum, until eventually the trend becomes obvious, and we see an aggressive impulse move back up to the highs. At which point one should reassess the previous strategy and act accordingly. Cheers and blessings to all.
- Mr. Martinez
pepe, doge, pulse, eth, btc