garyfung

Steps to BIFI mooning

Here's levels to look for on BIFI mooning. Fundamentals are strong and I'm a believer, but price movement projects more price movements and has nothing to do with news or fundamentals. That said:
1. $1800 for 0.618 extension of long term waves 1-2. That signals smaller degree (1) of the larger wave 3 truly in progress, and that BIFI isn't just crabbing or simply NGMI
2. Go to 1.00 extension at $3400 and convincingly break through it. If not, it can just be a large ABC top and then do what many shitcoins go on to do: die
3. $6400, $9500. Moon time at 1.382, 1.618 extensions. Target in this range for the larger wave 3
4. Wave 4 pullback, party break
5. To infinity... or $18000 (2.0 extension) and beyond!

PS. TA as always highlights possibilities, if this then that. Not financial advice DYOR

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