After months of consolidation, Curve Dao looks primed for a pump. Once it gets over $2.86 and tests it as support, I think price will move quickly to $8.28, and potentially all the way up to $11.80.
I added key short term dates and longer term dates to watch for changes in price action. Let's see how this plays out over the coming weeks.
I added key short term dates and longer term dates to watch for changes in price action. Let's see how this plays out over the coming weeks.
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Looking like we should see a breakout next week... let's see... Still accumulatingNote
I just took profits... will look for a retrace to reenterNote
No change in the longer term view... my longer term view has targets all the way up to $55... looking at these levels on the way up from here $8->$11->19->$24->$37->55Note
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Entry at $4.78. Will move up stops as price goes up. I'm thinking there could be one more pullback somewhere in the $5-6 range that I'm cautious of before the full run up begins. Looking for a final target somewhere between $37-55 (potentially higher if it can break it's ATH). Will take profits at these levels on the chart on the way up.Note
Was stopped out at $4.87. Maybe we get a retrace before higher. Will update as I see more price action play out.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.