League of Kingdoms · Back to Baseline 1,300% Profits TargetLeague of Kingdoms has been dropping since March 2022 vs Bitcoin, LOKABTC. A more than 3 years strong downtrend. The chart is telling me that this downtrend is coming to an end. We have a volume signal, together with price and marketwide action.
Growth potential is huge, it goes beyond 3,700%. For this chart setup, we are going to be focusing only on the "baseline." That is, 1,296% profits potential. This is an easy target.
To get a better picture of this chart you can always disable the log. scale and you will get a better view of reality. LOKABTC is trading at true bottom prices. Once the bottom is in, a reversal can happen any day. The reversal can lead to long-term growth. It will be the first bull market for this pair.
We do not use leverage on this type of setup, very low risk. The strategy is simply to buy and hold. Accumulate long-term as much as you can and want.
Make sure to do your own planning before trading. Market conditions can always change.
Thank you for reading.
Namaste.
