DegenLong
Degen $degen #degen
In the bigger picture like on HTF as in 1-day charts i think we are still grinding down and dealing with distribution/consolidation after this big move up last week.
I think we might even go back down and retest the $0.0143 levels over the next several days or even as much as couple weeks.
However, in the more near term like on a 4hr. time frame i think it looks like it might want to flush some shorts and go back up and retest some of these levels marked out up above.
This could give great near-term opportunity to make some $ with clear current invalidation levels/SL etc.
I think IMO that all of the top coins with community on the Base system will end up really shining at some point by the end of this cycle and if this is one that you are wanting to be in. Then this IMO is also a great place to begin to DCA into a spot long and HOPE for these dips I speak of to load up more.
Remember that may not even happen and that we could end up with Eth running NOW/before you know it and this will be the LOW you want.
I think we might even go back down and retest the $0.0143 levels over the next several days or even as much as couple weeks.
However, in the more near term like on a 4hr. time frame i think it looks like it might want to flush some shorts and go back up and retest some of these levels marked out up above.
This could give great near-term opportunity to make some $ with clear current invalidation levels/SL etc.
I think IMO that all of the top coins with community on the Base system will end up really shining at some point by the end of this cycle and if this is one that you are wanting to be in. Then this IMO is also a great place to begin to DCA into a spot long and HOPE for these dips I speak of to load up more.
Remember that may not even happen and that we could end up with Eth running NOW/before you know it and this will be the LOW you want.
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