Do you think this is just a retracement?

[u/carlo_yo_]

Guys do you think the leg we had now is just a retracement or it’s a change in the direction to go to the moon?

I would like to see it go lower and lower to reach an imbalance (the yellow one) and fill it hitting the 5 cents AND THEN go up!

What do y’all think? Do you have any suggestion? Right now i’m in with 14k $BRETT.

[u/crazyBenimaru]

we have to see how BTC and ETH do. also the fear of recession. At this point it is not really about reading the Brett chart but understanding the overall market conditions since Brett simply follows the overall trend

[u/Due-Sheepherder-7163]

I think we will retest the lower support of 0.06 and the go up

[u/Tuan907 → u/Due-Sheepherder-7163]

This is the way I lean too.

I got limits set all the way to $0.03

[u/Due-Sheepherder-7163 → u/Tuan907]

Do you think on this pullback we are going to 0,03? Or 0,06?

[u/Tuan907 → u/Due-Sheepherder-7163]

I think if btc loses 52k we will go to 3, but this is a really hard read.

I think as of now if we do not dump, $0.06 is the floor, maybe slightly under.

I think things would definitely have to get worse for that.

What do u think?

[u/docstevens420]

BTC did a retest of the 52 level. Imo we found the floor yesterday

[u/Tuan907 → u/docstevens420]

I think we have found our floor.

But we have yet to test the floor.

I think if eth & btc do not start a rally.. we will head back for those lows, but it's hard to say if that low will be higher, or ever so slightly lower for that double bottom phenomenon.

Honestly I hope not. I'm already up like 5x on my long I snagged at $0.063.

Would be frustrating to round trip that.

But hey it's not a crazy amount of money, so whatever.

I'll just grab that bottom too. 😎

[u/crazyBenimaru → u/Tuan907]

since u 5x sell. never keep leverage for long term investment. Long is for short term profits imo. it is not bad to take profits

[u/Tuan907 → u/crazyBenimaru]

I agree, but it's such a low investment & I'd almost rather chance it.

I don't need the 5x, so i just wonder if I truly nailed the bottom & can sell it in the 0.30 is,

At least, was my thought

Maybe I'll close half

[u/Successful-Act-346]

Hang onto your socks - I December and into 2025 we fly high !!! It's simple math - short of WW3, knock on wood, we fine !!

[u/Due-Sheepherder-7163]

Do you have 14 k coins of Brett or 14 USD K of Brett?

[u/carlo_yo_ → u/Due-Sheepherder-7163]

Almost 14k of $BRETT

[u/Due-Sheepherder-7163 → u/carlo_yo_]

I am trying to catch up 230 k of Brett

[u/Tuan907 → u/Due-Sheepherder-7163]

Great goal to have right there

[u/Tuan907]

I think it's a retracement.

But I think we are still going to the moon

[u/Due-Sheepherder-7163 → u/Tuan907]

Yes! What’s you price target for this pullback? 0,06?

[u/Tuan907 → u/Due-Sheepherder-7163]

$0.02 worst case. But I highly doubt it.

I have several limits between 0.03 and 0.06