CULT Hits Target #1 and Crypto Turns Positive... for now.
#cult #cultdao # cultusdt #cultbtc #wearecultdao
Traders,
I missed this trade due to being OoO. I am glamping but data reception is spotty. I really don't even know if this will post?
In my last post:
https://www.stewdam.us/p/alert-if-cult-breaks-this-trendline
I mentioned CULT flashing a bullish signal which could net traders up to 45% profit! That signal is currently playing out. CULT has reached its first target, the 100-day moving average, and is now on its way to final target.
If you are in this trade, ensure that you do capture some prophets soon or at the appropriate times. We are still in a bear market but things are looking positive for the next few weeks.
As I mentioned in my last video, I believed that this weekend would determine further price direction. I did not know where that direction would lead us, but I suspected it might be up. And now it is becoming more clear that this is true.
Take a look at this chart which I have copied from my phone. It looks as though Bitcoin is breaking that black trendline to the upside.
This is a great sign! That trend line was begun during the notorious Luna crash!
I will be back in the office at the end of the week to do my weekly update video and it looks like trades will be ramping back up after that.
Take care and I'll see you soon.
Stew