Boba Network (BOBA) — Get Ready for Explosive Wave 3 (Easy 28X)
Updated
This is another great opportunity similar to my previous posts.
During a wave 2 correction price action did a retracement to the 0.786 level and is now moving sideways inside a support zone.
RSI is stable and moving sideways on support as well.
Nicely looking structure on the BOBA/BTC chart, sleeping on support:
Look at these wild green weekly candles in the first wave: +70%, +45%, +98%.
And +5000% in one week in 2021.
Judging from the size of wave 1, wave 3 can easily reach previous all time high and even exceed it.
Conservative target: $6.00 (2700%).
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Looking at this chart again, isn't the structure absolutely beautiful? Retracement to 0.786, a bullish hammer confirming support, and then just calm. RSI has literally flatlined. No more buyers, no more sellers, just whales and market makers left patiently waiting for the right moment. It can't get more bullish than this.
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