Long
Bullish on ncash \ middel term swing
Hello everyone, finally we see some strength in the market again. It's probably more than just me wondering if this will continue its upwards momentum. Anyway, I'm pretty bullish right now and for the coming month
Ncash looking hot for a trade, im bullish on ncash long term but i also see a good opportunity for a swing trade here.
From what I can see on my chart now:
1. It have completed a trend divergence on the rsi bar.
2. We found support on the median (small pink line) on 20days bollinger after testing resistance.
3. Buttom of 100day bollinger act ass support and is around the same level as median on 20days bb. So i therefore expect strong support around these levels.
4. Ncash has never been cheaper then we can get it around this levels, Ncash is also a good project from long term. They allready have partner up with some big companys.
Target 1:
First target is to break the top of 20days bb around 250sat, if we can break and make this to our new support i then expect us to try for target 2.
Target 2:
If we can break 250 I then expect it to try to hit around 350sat as a middel short term trade where the median for the 100bb days are (Big pink line with green fild)
Entry:
Entry for me is 221
Remember: I'm not a financial adviser, this is just something I do and these are my opinions and thoughts :)
EasyX Community:
-Follow my trades with updates in the discord communtiy.
-My mission is to build a Community who help each other as good as possible, but especially the most recent ones. We believe that sharing knowledge and learning from each other is the strength of success.
-In numbers the are strength
-Gladly join the Discord Community with news, charts and basic TA ( More to come )
-You are welcome. :) discord.gg/zy5mApx
Ncash looking hot for a trade, im bullish on ncash long term but i also see a good opportunity for a swing trade here.
From what I can see on my chart now:
1. It have completed a trend divergence on the rsi bar.
2. We found support on the median (small pink line) on 20days bollinger after testing resistance.
3. Buttom of 100day bollinger act ass support and is around the same level as median on 20days bb. So i therefore expect strong support around these levels.
4. Ncash has never been cheaper then we can get it around this levels, Ncash is also a good project from long term. They allready have partner up with some big companys.
Target 1:
First target is to break the top of 20days bb around 250sat, if we can break and make this to our new support i then expect us to try for target 2.
Target 2:
If we can break 250 I then expect it to try to hit around 350sat as a middel short term trade where the median for the 100bb days are (Big pink line with green fild)
Entry:
Entry for me is 221
Remember: I'm not a financial adviser, this is just something I do and these are my opinions and thoughts :)
EasyX Community:
-Follow my trades with updates in the discord communtiy.
-My mission is to build a Community who help each other as good as possible, but especially the most recent ones. We believe that sharing knowledge and learning from each other is the strength of success.
-In numbers the are strength
-Gladly join the Discord Community with news, charts and basic TA ( More to come )
-You are welcome. :) discord.gg/zy5mApx
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