Verge before it goes up
Updated
There is a strong support on 110 (orange line on the chart).
This is where we are expecting to start the climb from.
Will buy when it gets there, as I expect it will go through the down trend line (blue line on the chart) next.
Going to sell at 150.
Education and record of play.
This is where we are expecting to start the climb from.
Will buy when it gets there, as I expect it will go through the down trend line (blue line on the chart) next.
Going to sell at 150.
Education and record of play.
Trade active
Today all looks as 'expected'. Well the drop is stronger than I thought as I was not expecting BTC to go up so much today. This caused negative reaction in most of alt coins. Still the price holds at 110 quite strong.
The few times it dropped to 109 which might indicate that resistance is getting softer. On 1h it starts to look better. Though let's wait for 4h to turn green to get confirmation of the bounce up.
Note
I have notice that the main ideas chart is too zoomed in, apologies for this.This one should be better.
Trade active
I overestimated the power of BTC and it got up once more where it looked that it will stabilise for a while. Result temporarily down 7%. We will get it back.Trade active
Happy to see how it stopped on 100, good sign. Though the market is so bearish currently on alts that it might not be the end just yet.I wonder what will happen when the BTC drops down as it is time to finish the correction will alts prosper?
Trade closed manually
I'm still holding for it to recover. Closing as it does not move the way I wanted. Best.
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