Popcat - Can the cat bounce?
Updated
Have a good feeling about this coin.
Great performance in comparison with recent memes.
Will try to buy as close to 40c in anticipation of a higher low.
Overall market still undecisive but there a few clear opportunities and I see Popcat as one. Already mentioned RUNE as a long term play and obviously SOLANA.
Keep in mind BTC needs to hold above 54-55k or things go from neutral to extremely bearish.
SL: Will manually close this one if it fails.
Great performance in comparison with recent memes.
Will try to buy as close to 40c in anticipation of a higher low.
Overall market still undecisive but there a few clear opportunities and I see Popcat as one. Already mentioned RUNE as a long term play and obviously SOLANA.
Keep in mind BTC needs to hold above 54-55k or things go from neutral to extremely bearish.
SL: Will manually close this one if it fails.
Note
Still waiting on this one to hit the entries. Tomorrow/Monday will be crucial.
Trade active
Tapped the entry zone.
Now we wait and hold hands together.
Trade active
Taking some off here.
Had the reaction I was hoping for but bitcoin still at resistance.
Letting the rest ride towards 55c and 72c
Note
Great move so far.
Hit the first TP1 at 55c
Taking some extra here for a 40% move.
_______________
Next steps:
Should price go back to our entry zone, I'll try one more time. If it takes over 55c, I'll do nothing and wait on the second TP
Trade closed: target reached
DONE! +80%
Great trade this week and one that I will continue to follow. I keep saying that strength is your friend. There is no point in trading without momentum.
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