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Purpleman.base.eth 🎩
@jenson
We got up to $37 again this morning 🔥 HIGHER!!!!
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Notsughnen
@rien
What are your tp levels good sir? I’m new to this and I’m blatantly copying your takes rn (ik the risks don’t sweat it)
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Purpleman.base.eth 🎩
@jenson
It depends on your time horizon and what kind of trading you are doing. There are multiple resistance points along the way, nothing goes up in a straight line so some people open and close often and others just ride the waves up and down. I trade using Elliot Wave Theory so for me the top end target is close to $60. That doesn't mean I just hold till then though, i will take percentages of my profits at key resistance points along the way. For example at previous high of $46 you would expect a small dump here. I recommend studying fibonacci levels and elliot waves on Youtube.
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Notsughnen
@rien
Ah I see, that’s good to know. I’ve heard a lot about fib levels, first time hearing about Elliot waves though. I’ll be sure to check it out Thanks!
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