People is one of my favourite coin for a medium term buy and hold… The price action shows that wave one and two are possibly complete and the third and most powerful wave is set to unfold.
On a close look at the price chart, the 20/50 MA cross on the daily has been met with a consolidation which is typical before a powerful move unfold.
The price target set is around 0.9655 – 1.2956 which is our Fibonacci clusters for wave three projection of wave one through two and reverse fibonacci multiple of wave one.
At this point,I employ you to do your own research and assess your risk accordingly.
Trade safe and don’t forget to leave a like and comment.
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