Hey folks ,$BTW
is not stopping lol I opened the chart at 1:03 and price is $1.51 already, 24h ago it was $1.35. That is insane.
So will it hit $2? Let's be real.
Why I'm still bullish:*
Look at the volume below - that one big green candle with 254K volume. That is almost double the normal volume. Means real buying is happening, not just wicks.
And price is still above MA60 (1.4947). Till we are above 1.49, bears can't do anything. Simple.
Plus 30 days performance is +239% and 90 days is +2308%. This coin has been in full bull run. You don't short this type of trend.
*But wait, $2 will not be easy:*
Honestly we are too stretched. From $1.35 to $1.54 in one day is too much. We will need a small pullback. Probably will come back to $1.45 - $1.48 area to take a breath.
Also $1.54 is a big wall. That's today's high. We need to close above that on 4H chart, then only $2 is open. Otherwise we will keep rejecting from here.
*So what I am doing:*
I'm not buying at $1.51. I'm waiting. If it holds $1.49 and breaks $1.54 with volume, then I will long for $1.68, then $1.85 and then $2.
If it breaks $1.49 down, then it's going to $1.42 fast.
My gut says $2 is coming this week, but not today. Maybe after one more dip.
What do you think? Will it cross $2 before Sunday or will it dump from here?
Comment your target, let's see who is right.
is not stopping lol I opened the chart at 1:03 and price is $1.51 already, 24h ago it was $1.35. That is insane.
So will it hit $2? Let's be real.
Why I'm still bullish:*
Look at the volume below - that one big green candle with 254K volume. That is almost double the normal volume. Means real buying is happening, not just wicks.
And price is still above MA60 (1.4947). Till we are above 1.49, bears can't do anything. Simple.
Plus 30 days performance is +239% and 90 days is +2308%. This coin has been in full bull run. You don't short this type of trend.
*But wait, $2 will not be easy:*
Honestly we are too stretched. From $1.35 to $1.54 in one day is too much. We will need a small pullback. Probably will come back to $1.45 - $1.48 area to take a breath.
Also $1.54 is a big wall. That's today's high. We need to close above that on 4H chart, then only $2 is open. Otherwise we will keep rejecting from here.
*So what I am doing:*
I'm not buying at $1.51. I'm waiting. If it holds $1.49 and breaks $1.54 with volume, then I will long for $1.68, then $1.85 and then $2.
If it breaks $1.49 down, then it's going to $1.42 fast.
My gut says $2 is coming this week, but not today. Maybe after one more dip.
What do you think? Will it cross $2 before Sunday or will it dump from here?
Comment your target, let's see who is right.