Following some previous examples that have done very well, Simple Token seems to be heading the same direction.
, where I highlighted the cup & handle potential, but also the sell moment (the day of its major announcement, a typical dump day).
, for which I've been on the spot for over 20 trading days (just to tell you that it makes sense to read this post :) )
, where I called the end of the downtrend / the bottom, and the subsequent forming of the second part of the cup and handle.
I find the Simple Token case similar, but somewhat less certain of panning out as a cup & handle scenario. Nevertheless, I propose this as an idea, as I believe there is lots of upside in this fundamentally sound cryptocurrency. If it breaks resistance at 3353 sats (the 78,6% Fibonacci correction level), we'll be heading to the 61,8% level at 4776 sat, which is already 40-50% higher (roughly calculated :-) ). If we kindly continue on the cup & handle pattern, we're in for a "tripling" in May - beginning June alone. And the thing with cup and handles is, if the handle is formed, THEN the actual upward part starts.
In short: an undervalued crypto to keep an active eye on! PS: could you gently click the thumbs up button 10 centimeters to the right of this dot: .