Bounce
MCD - decent risk reward ~$192Chart is fairly self explanatory. We have a high volume bounce on a multi-year trend-line (est. 2016). Last week we printed an inside week which indicates an indecisive market. I think we hold the bottom-trend, but if you enter without a plan, you could experience some drawback if we revisit the bottom-trend. Be patient.
LONG - DGD - Trading OpportunityRetest of the bottom of a flat cloud along with the MA200 on the 4h chart, volume has slowed down, so a bounce is probably coming.
Entry: 0.001562
Target 1: 0.001644
Target 2: 0.001723
Target 3: 0.001912
SL: 0.001515
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LONG - ADX - Trading OpportunityPrice managed to hold above the bottom of the 1D cloud.
Entry: 0.00000940
StopLoss: 0.00000892
Target 1: 0.00000992
Target 2: 0.00001036
Target 3: 0.00001201
CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position.
CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
BTC - The HODL em Bulls Push to save $8,700 (or we'll see $8k)Declining 50-Day plus the $8,700 soft support could cause a bounce over $9k back toward the 200-day. If BTC finds the 200 day again we'll likely see a Golden Cross w 50/200.
If $8,700 fails, get ready for the fall to $8k or even $7,700. Wherever we land, it will be a bounce back up to whatever level is above it.