Alchemy Pay | Simple & Easy Broadening Channel (138%-231% Pot.)Let's keep this one simple and easy... But first, let me explain.
Here I am mapping for you a potential target of 138% for this chart setup, a double up. While this potential is great, think of turning 1 BTC into 2 BTC, there can be more... With the Altcoins, with the Cryptocurrency market; there can always be more...
The charts I am sharing can show a certain percentage but this is only for illustration, the action can go beyond expectations. My job is to alert you of the entry, the timing; easy and safe... Once it starts moving, you can take care of the rest. This is not financial advice of course, this is technical analysis by the best.
Ok... 👉 We have a broadening channel with Bu-Pot. (bullish potential).
The lower boundary of the channel has been challenged/activated, so the upper boundary is likely to be challenged/activated next. This opens the door for growth and we continue to see accumulation everyday.
What to do is prices move lower?
You can either sell at a loss, or, you can wait patiently until the market turns green; that is, buy and hold.
We are of the patience trading style so we buy and hold thinking of the long-term.
When we do spot trading, the day we get in, we do with the mentality of waiting for years if necessary but we end up within in the end. It is a long-term strategy but reduces risk and stress.
Remember to do your own planning and your own research.
There is always risk involved and the chart can easily change.
Thank you for reading.
You are appreciated.
Your time is appreciated.
Your energy is welcomed.
I'll see you on the next one...
Over and over...
Again and again and again...
I will always comeback for more.
Thanks a lot for your continued support.
Namaste.
