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$PINK Bull Flag & Fib Retracement
The recent price increase for 
PINK doesn't appear to be just a random pump & dump. To summarize the recent activity on PINK, the price went from a low of 13sats to a high of 34sats. Then, over the past week, the price oscillated between 23sats and 28sats, forming a bull flag.
While bull flags aren't completely reliable, my opinion is that this is rather significant considering the overall outlook in the market regarding alts. With bitcoin settling into a comfortable channel and a likely bull run to come in the Spring of 2020, we may be seeing the first stages of a massive push forPINK's price.
With the assumption that this bull flag is true, my strategy is to HODLPINK and sell at the 280-330sat range. This is the location On the shorter time frame, I think we could see PINK hit 52 sats in the next few weeks.
PINK doesn't appear to be just a random pump & dump. To summarize the recent activity on PINK, the price went from a low of 13sats to a high of 34sats. Then, over the past week, the price oscillated between 23sats and 28sats, forming a bull flag.While bull flags aren't completely reliable, my opinion is that this is rather significant considering the overall outlook in the market regarding alts. With bitcoin settling into a comfortable channel and a likely bull run to come in the Spring of 2020, we may be seeing the first stages of a massive push for
PINK's price.With the assumption that this bull flag is true, my strategy is to HODL
PINK and sell at the 280-330sat range. This is the location On the shorter time frame, I think we could see PINK hit 52 sats in the next few weeks.
Feragatname
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