With the previous accumulation, we could see a little further price contraction before the impulse.
It seems reasonable to start sizing up since these things tend to explode without many chances to jump in.
I am using the daily block this time instead of the 4-hour block as a demand zone, along with the wick of the last impulse move. Will it get that low? Not sure, but if it does, it will be the last chance, as it has maintained the trend at $0.0016.
I’m aiming for a 2x on this last leg. I think it will correct hard after reaching somewhere between 1b and 2b.
$NEIRO
It seems reasonable to start sizing up since these things tend to explode without many chances to jump in.
I am using the daily block this time instead of the 4-hour block as a demand zone, along with the wick of the last impulse move. Will it get that low? Not sure, but if it does, it will be the last chance, as it has maintained the trend at $0.0016.
I’m aiming for a 2x on this last leg. I think it will correct hard after reaching somewhere between 1b and 2b.
$NEIRO
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