Asahida

Asahida

This is what I see. we can pretty much disregard indicators in this sideways action, though there can soon be a good break below the higher lows trendline or a push past the .0705 line which would most likely signal a buy. Just my 2 cents

Asahida

This is a more in-depth update on the chart I posted yesterday, this time adding elliot waves to the mix. I know they are not standard, but the pattern seems obvious to me. Atm there is resistance around the 0.786 fibs line, which should be broken if the full ABC retracement is complete. If we bounce off it instead it can signal another bullish run which would be...

Asahida

I know it's early, but it's hard to see this coin going on a prolonged bear movement in this bulish overall trend. Stoch RSI is on the oversold side and price is below the 21MA so a good trade entry would be at ~800 sats, maybe with a stop loss at ~700 under the red resistance line. looking for the 1355 sats mark on this movement.

Asahida

In this obvious very bullish trend we are finally seeing some pullback. atm the 0.382 is acting as resitance, in case it holds and bounces it might be a good idea to enter the trade and set a new ATH or close to it. The other scenario is keeping with the recent downtrend until the 0.618 line for a more complete retracement in this very bullish run from the last...

Asahida

Might be obvious, but this is should be a good time to sell and enter again at a lower point. the crypto is overbought-> RSI. and it shot through the upper boll. band. Also MACD histogram is showing a divergence while the price reached higher values. It would be best to wait until price reaches lower boll. band for re-entry.

Asahida Updated 

Now that BTC is down, POE seems like a good investment. Best entry would have been at 865 sats, but ~880 will still be profitable most likely on the short term. holding until the red resitance line or upper boll. band. Unlikely to continue going down due to stochastics indicator.

Asahida

I noticed there are some bullish divergences on MACD histogram and Stoch RSI. This might be something to look out for as the current trend is bearish. If it breaks through the ceiling of the channel we might see a rush to the 1188 resistance. Price arrows are just guidelines. Hope this helps :)

Asahida

Trying to keep it simple this time. We seem to be in a bearish channel for the past ~3 days. I think it's something to keep an eye on if we break either the base or the ceiling of the channel. In the latter case, the next one to watch is the 2303 resistance line. All feedback is welcome :)

Asahida

I believe the channel is relevant. New to fibs, but it seems that if the ceiling is broken we get right into the 0.61-0.78 optimal trading zone. In case of a pullback we might bounce from the 0.382 one. Still a newbie, all feedbacks and comments are welcome.

Asahida

Just dabbling.