Notice almost identical Price Cycle Dates
28 days normal cycle- 28*2= 56 days
Falling Wedge = BULLish Signal
Elliot Correction Wave Complete
Confluence Zone
-Reverse Candles
-Fibonacci Level
-Historical Support and Resistance Area
-Volume Associated and necessary for new Bull movement
Target Fib 1.618 and 2.618
Long term this should be a winner- Altcoin MOON and new Altcoin BULLish Price Cycle should be soon
28 days normal cycle- 28*2= 56 days
Falling Wedge = BULLish Signal
Elliot Correction Wave Complete
Confluence Zone
-Reverse Candles
-Fibonacci Level
-Historical Support and Resistance Area
-Volume Associated and necessary for new Bull movement
Target Fib 1.618 and 2.618
Long term this should be a winner- Altcoin MOON and new Altcoin BULLish Price Cycle should be soon
Trade active
Late publish - Bought on candle reversal $6.06Note
Expect short term resistance as BTC gains strength for last push before segwit. Also expect resistance on upper boundary of falling wedge. Retest of upper boundary after breakout of pattern should also be expected. The higher the volume at time of breakout the less likely and shorter duration of retest upper boundary. All should be expected. HODL. Moon SOON for strong hands.General Rules- Falling wedge pattern confirmation when broken by 1-3%, or 2 candles close above,and breakout with BULL volume. Good luck!
Trade active
increased quantity- buy on the dips in an uptrendLONG
-RSI oversold
-past support/resistance
-Psychologic support at $9
-reversal candle
- long lower wicks prior to reversal candle- showing exhaustion
Pyramiding= adding quantity to a winning position.
Never add more than initial investment. Goal is to increase quantity without significantly increasing buy in price.
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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.
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.