This is pure speculation. And I'm not a financial advisor.
From the chart, you can see that the price movement of REPUSD has formed a beautiful cup. More often than not when there's a cup what follows next is a handle. The handle may or may not happened at the exact point indicated on the chart but where ever the top of this current run is, I expect a 10 - 15% pullback to form a handle. When that pull back happens I'm all in for a 1x return.
From the chart, you can see that the price movement of REPUSD has formed a beautiful cup. More often than not when there's a cup what follows next is a handle. The handle may or may not happened at the exact point indicated on the chart but where ever the top of this current run is, I expect a 10 - 15% pullback to form a handle. When that pull back happens I'm all in for a 1x return.
Kommentera:
There was a 10% drop a couple of hours back but I still didn't get in cause the handle hasn't formed. I might have just missed my buy opportunity but who knows we'll see.