Seele - Reaccumulation has began.Price stopped short of the .786 fib and has bounced slightly in accumulation mode. Should take off after conquering Hold level at .0137. Good luck.
Seele
SEELEBTC: Buy Setup Above The ResistanceHello, wonderful person!
Seele (SEELE) CMC #76
BTCPrice +27%
BTCVol24h +21%
CryptoRatingBot +23%
* % up/down from last established support/resistance line
Weekly: Bullish Buy Setup above the resistance
Monthly: Bearish Sell Setup sitting on the Arithmetic Mean below the support line
Pretty bowl SEELEBTCSEELE forms a perfect rounded bowl, not much of a technical analysis to be made here just looks nice. I have been seeing the basics of this formation a lot across the cryptocurrency market lately.
SEELE/BTC is textbook Don't know much about SEELE but technically it looks very tradable for me :)
1. Clear uptrend 1h,2h,4h confirmations
and convergence on MACD
2. Entry point around 0.5 fib (cluster)
3. Volume profile confirmation as well
Entry: 0.00002
SL: 0.000019
1st target: 0.0000215
2nd target: 0.0000225
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Thanks!
SEELEBTC Short SqueezeHello TW community,
This is my take on SEELEBTC. A short squeeze pattern with accelerating trend, and a hint on where to take profits.
Hope you enjoy and get something out of it.
My ideas are for entertainment purpose only and should not be taken as financial advice.
Best of luck,
Seele insanely bullish price actionGood day dear readers,
Look at Seele against the bitcoin on the daily chart, we have seen a cloud break-out and an ascending triangle pattern.
That should have been enough reason to enter, as we can see of the latest run up that has been going on now.
It looks like it is not finished yet, so definately I will try to enter on the pullbacks.
The volume looks amazing and the first resistance we encounter is all the way up at 0.000032. So that would be 400% from here but lets take it step by step and aim first for 30% profit.
Entry: 0.0000065 (about now)
Target: 0.0000087 33%
Stop: 0.0000063 6%
Risk reward ratio: 5:64
