Bonfida (FIDA) - To the moon.On he above 4-day chart price action has corrected 99% since $9 in 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Price action confirms the 21-week EMA.
3) The falling wedge breakout confirmation may now be used to forecast the market top for this alt.token at 6000% from the lows. That’s just shy of $10.
Is it possible price action corrects further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: <=6%
Timeframe for long: This week.
Return: 2500% from current levels