I know almost impossible to predict PA. Honestly this is sorta the PA I am expecting to happen. So.. I am thinking..
#1 pretty much a dip from here.
#2 then a stronger upsurge.
#3 then back down to a new Lower Low.
I also Published that Daily LINK chart, which annoys me, because it takes way too long to see the next bar. That's why I made this one.
Currently I am loosing confidence in the $16 price range... and $18 currently is looking like it can happen.
All in all.... PA could just all of a sudden go up 30% in the next few days and we all miss out on the entry, but...I think, that is a slim chance right now.
I kinda see a 5% to 10% price scalping opportunity for those traders that are closely watching ... This has a good chance to materialize. It is shown with the 10.01% yellow Price Range graphic. However where ever the most recent low ends up to be, is where the 5% to 10% range will be.
Good Luck, will post updates.
#1 pretty much a dip from here.
#2 then a stronger upsurge.
#3 then back down to a new Lower Low.
I also Published that Daily LINK chart, which annoys me, because it takes way too long to see the next bar. That's why I made this one.
Currently I am loosing confidence in the $16 price range... and $18 currently is looking like it can happen.
All in all.... PA could just all of a sudden go up 30% in the next few days and we all miss out on the entry, but...I think, that is a slim chance right now.
I kinda see a 5% to 10% price scalping opportunity for those traders that are closely watching ... This has a good chance to materialize. It is shown with the 10.01% yellow Price Range graphic. However where ever the most recent low ends up to be, is where the 5% to 10% range will be.
Good Luck, will post updates.
Note
Weekend hits this one, LINK, with a nail biter 2% chop-chop trading zone. Some other alt coins show strong indications for a strong upwards thrust probably today, not many show indications of a slight drooping, before possibly following the general markets uptrend. What's positive about this screen shot... PA has flattened out.. Creates a visual illusion that PA will/can/might turn in a new direction, in this case upwards. Still hopium for the surprise increase to... the $23.oo target.
Note
Never got close to my exit target. I will pick another much further up as shown in the next strategy screenshot. What's with strategy?
For me I can record my plan and adjust from there if it's not going the way I first thought it might go.
Here's the next thoughts, it is slightly different from the XLM note I added on that trade sequence today.
The two are running slightly different indicator levels.
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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.