$MOVE Big Reveal: The Cup and Handle Pattern Indicates a Surge, Target Price Aiming at 2.2
Imagine this: the current trend of $MOVE is like a big coffee cup, forming that elegant handle. Technical analysis experts say we can estimate how high it will go in the future by using the height from the bottom of the cup to the rim, roughly in a 1:1 ratio. This way, its small target seems to bounce up to around 2.2!
However, this still depends on the overall market sentiment, just like guessing whether someone has candy in their left pocket; we need to leave some room and not be too impulsive.
My little thought is this: I need to see if it can first get over the small threshold of 1.4. If it can't get over this hurdle, then I'll wait and see if it comes back before I quietly follow. If it really bursts through, then I’ll need to keep my eyes wide open and look for any small signals telling me when to retreat. If I'm not greedy, I can start to gradually take profits around 2.
Recently, the market seems to show some signs of warming up, but big brother $BTC is still stuck at the 98000 mark, seeming a bit weak, and the trading volume has decreased.
As for the next layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, expecting a space of over 10 times is not a problem, like + leave a message, and I'll take you to layout the entire bull market!
