Popcat bullish scenario
Popcat price has come back to lower trend.
However looking at the upper trend, we can see what looks like an expanding wedge.
Looking at a couple of swing options here.
1st more a scalp with invalidation below recent low around 3.9
2nd a swing option with invalidation below 2.5
Use your risk management.
Potentially wait for price to come down further ... it may not.
Upside is massive, assuming the whole structure is the 1st of 3 waves.
However looking at the upper trend, we can see what looks like an expanding wedge.
Looking at a couple of swing options here.
1st more a scalp with invalidation below recent low around 3.9
2nd a swing option with invalidation below 2.5
Use your risk management.
Potentially wait for price to come down further ... it may not.
Upside is massive, assuming the whole structure is the 1st of 3 waves.
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Telegram: t.me/theNinjasDojo
TV Referral link: tradingview.com/pricing/?share_your_love=jod45m
TV Referral link: tradingview.com/pricing/?share_your_love=jod45m
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.