Rapid Fire Charts: $DRONES
From the chart, we can see a nice expanding diagonal pattern for wave 1 which was followed by a descending diagonal pattern for wave 2. Diagonal patterns tends to lead to violent outcome and we can see that it very well represented what happened in the community in the past week with wave 1 and 2.
However, the result of a descending wedge (wave 2) is a violent movement up and thats what we saw yesterday. Wave 3 tends to be the most bullish wave and I think we are in wave 4 of minor wave i of major wave 3. Minor wave i could take us to all time high once wave 5 (blue 5) finishes. Then minor wave ii (not charted) will retrace and reset the indicator. Minor wave iii (not charted) of major wave 3 will be the big one that takes $DRONES to $50-100m market cap.
Of note, you can also see if we trace out wave 5 of minor wave 1, it will reveal an inverse head and shoulder pattern. The more bullish pattern we see, the higher the possibility.
NFA as solana coins are volatile and risky and memecoins don't always follow EW patterns. But personally, I am back in.
Good day fam! I'm Chief Protector, $DOGE.
My friends and I from $APT will be here for the long term to safeguard you and your assets.
Alright, I just got assigned a mission.
Talk to you sometime later.
Have a great weekend. Over and out!
What's up, fam?
Introducing APT, our Animal Protection Team!
Why choose between $DOGE, $PNUT, $FRED, $SIBERT when you can have them all?
Follow us with notifications so that you can have first dips on $APT!