Following a brutal shake out from highs of recent spike to 8's, it is back in the accumulation and buy zone ready to pump again to new highs from recent lows. the structure is the same as other ICO base plays.
Trade Strategy
Accumulation
5'2 - 7's
Ride out
7's - 1.2c
Breakout (Hold)
Above 1.2c to circa 8c (Big Break!)
Trade Strategy
Accumulation
5'2 - 7's
Ride out
7's - 1.2c
Breakout (Hold)
Above 1.2c to circa 8c (Big Break!)
Trade closed: target reached
Hit stop - it is in free fallTrade closed: stop reached
Sorry - closedTrade active
Falling wedge and getting closer to a breakout here. It's getting closer. Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.