We're venturing into the territory of previous highs in terms of liquidity. It's an exciting time! Our short-term goal is the .00012 area, which could yield almost a 400% return based on short-term forecasts using Fibonacci extensions and retracements.
Remember to secure your gains! Don't hold on hoping against hope, similar to what happened with AMC enthusiasts.
As for the long-term outlook, it's hard to say. I'm cautious about asserting strong fundamentals for this; a burnable coin tends to be seen as centralized, which contradicts the decentralized appeal of cryptocurrency.
Best of luck to all traders!
Don't take my path analysis to heart, it takes about a year and a half for crypto to price in the halving's, but be cautious, anything can happen and going of history is hardly the best way to predict the future, this is why oscillators are not profitable when applied to trading algo's.
Remember to secure your gains! Don't hold on hoping against hope, similar to what happened with AMC enthusiasts.
As for the long-term outlook, it's hard to say. I'm cautious about asserting strong fundamentals for this; a burnable coin tends to be seen as centralized, which contradicts the decentralized appeal of cryptocurrency.
Best of luck to all traders!
Don't take my path analysis to heart, it takes about a year and a half for crypto to price in the halving's, but be cautious, anything can happen and going of history is hardly the best way to predict the future, this is why oscillators are not profitable when applied to trading algo's.
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