Nano market cap RC365 Holding to explode 10,000% / 100x ???** high risk, tiny market cap **
On the above 4 day chart price action has corrected 99% since mid 2023. A number of reasons now exist for a bullish outlook, they include:
1) Price action and RSI resistance breakouts.
2) Support on past resistance since October last.
3) Strong positive divergence. Multiple oscillators print positive divergence with price action.
4) Should the monthly candle close as is (below), then a rapid move to the 20 Pounds area followed by a move to 126 should be observed.
5) The forecast to 140 is taken from the top and lower wedge touch points.
Is it possible price action falls further? Sure.
Is it probable? No.
Ww
Type: trade
Risk: Seriously small position size
Timeframe for long: This month
Return: 100x
Stoploss: N/A
Monthly chart