It may be a little deceiving when looked in a regular chart to discern that the end of the trend in this MEME market, but when gazed upon in a semilog scale then the image turns into that of a trend that is about to run the totality of its course. If my speculation is correct we are now in a fifth wave and it is MY experience, in watching many cryptocurrencies across a number of years, that fifth waves tend to be the most aggressive, it shares that characteristic along with most commodities as well as metals. This means the coin as it stands could still rise quite a bit. By my measures, I like the zone in between 70 cents and the 90 cent mark but I could well see the market explode and do one last spike up and breaking the dollar level before collapsing. If it does break the 1 dollar mark this will most likely trap many buyers, as many people for the fear of missing out will catch the price at its absolute highs. It will be a scene to witness my friends. Enjoy.
Commentaire:
This went exactly as intended