NRG update!Looks like the extremely under valued token Energi has finally started to make it's move. We'll keep a close eye on it in the coming weeks and see where it goes. I still think it's very early in this rally and still very, very undervalued against Bitcoin and Etherium. Any dips on this token should be great buys!!
Indicators used are the ADX and DI along with STEVE'S FIBMA.
I have circled the trend line that is showing a triple bottom on the ADX & DI. Anything above 25 on the ADX & DI shows a strong momentum. The higher it goes the stronger the momentum.
Not financial advice But I think the risk to reward here is very worth it!!
Energi
Is there an Energi crisis?Energi has been on a 10 month bullish divergence against Etherium. The risk level on going any lower against ETH is very low IMO vs the upside potential is worth it.
NRG Possible spike coming!This chart is against BTC on the 2 weeks. It shows patients could pay out very substantially mid to possibly longer term. The two week stochastics are showing a strong trend upwards that is still in early stages vs price action. Taking profits here are your own choice at your own liking although I have marked the major resistance levels.
NRG/BTCI flipped this one a while back, basically went all in on with the dust I had in my Kucoin account, which was devastated by the bear market. This was a 3x for me! It's helping to rebuild my Kucoin account slowly.
I thought I would take a look at it again since I haven't in a while. There is nothing bullish about this chart. I am glad I didn't buy back in. I have laid out two paths for NRG:
1. Break the diagonal trendline and retest the current level (this is long term major horizontal support).
2. Break this support level, and reclaim it.
For now, I will not touch this, but I think it is coming close to the point where one can trade it again.
NRGBTC, A cryptogeometry lesson ;)How many times I heard from crypto enthusiasts such words: "Cryptocurrencies should be analyzed only fundamentally, don't use technical analysis for it!"
As you can see from this chart cryptocurrencies love strong levels and respect it.
Use this chart as an example of how to trade strong levels and keep your eye on it because the price is close to the first candle support again.
One more important thing: don't forget before to trade my ideas to make your own analysis.
These are not recommendations to open your positions!
Thank you for your likes! Good luck!
Thank the gods above for high volatility! (FOMO)This stock was in a downward trend (channel) for quite some time then got a STRONG breakout pattern.
Talk about a CRAZY move! I wouldn't FOMO buy up here "Fear of missing out"
everyone complains about high volatility when that's how all the money is made.
I'm glad the VIX is skyrocketing in volatility.
Exciting times.
Stay profitable.
OPORTUNIDAD CON ENERGI STOCK A LA BAJA. Hay mucha posibilidad de que la tendencia ha cambiado para energi, al haber roto la media de 50 con mucha fuerza, ha decidido rebotar para empezar el descenso.
Ahora es momento de entrar,
