Descended till the fibs confluence as shown in chart. Formed bull div that would push the price up. 2 scenarios plotted. Happy trading!
As expected in the previous post, ZRX broke the falling wedge and now retesting it at the 0.618 of the breaking move! A good spot to buy with tight stop loss. I used 5.5% SL. You can use tighter to be save but I'm more optimistic and don't want to ruin this opportunity with a falling wick! Targets are shown in the chart.. Happy trading :)
ZRX recently formed a bear divergence that will continue its descent within the descending wedge shown on the chart. Soon reaching the 2.618 of the bearish divergence formed in Oct 20th followed by the 1.618 of the recent bear divergence move. I will keep watching and expect reversal after that to push the coin to exit the falling wedge followed by retest then...
As you can see in the chart! 50% is left to the next key S/R level. This confluences with the classic target of a symmetrical triangle the coin seems to be printing right now.. Aggressive trader enter at the triangle support with tight stop loss. Safe trader wait break out of the triangle and enter on retest with tight SL. Happy trading!
Everything is going as planned so far. As in the previous post Gears are reversing now and ADA is trying to break out of the bull flag, hopefully folled by bearing out of resistance... Happy trading 🤞
As commented in the previous post. TOMO reversal to South commenced till the 1.618 of the bearish divergence move. That held the coin for some time forming eventually a descending triangle with no convincing signs of bullish reversal that ended up by breaking down the triangle as we can see. Free fall is happening now with no solid ground till the S/R level at...
ADABTC showed a nice push in the past few days approaching the regional resistance at 547 that prevented the coin’s ascent for the past 6 months! I Broken, HAHA! Sky is the limit as you can see in the chart. Currently the Bullish divergence that was confinrmed in 23 Dec 2019 is kicking now. The coin is on its way to the 1.618 of the move, showing signs of...
TOMO reached the 4.618 of the last lowest downwards wave; maximum extension. At which daily bearish divergence formed obviously. This should drag the coin down to at least the 1.618 as shown. This runs intimate with the upper border of the uptrend channel formed with TOMO trend reversal. A retest in other word,, Buy areas are shown,,
This coin's moves are all predictable so far with the divergence effect. Details in the chart.. Buy zone around 61. TP around 111 and 135
Check the chart for details, Enjoy the ride..
$NEO is back into the game! approaching the 2.618 of the mid November bear divergence. Starting to give nice bull divergence. Keep an eye on it ;)
Recently WAN formed what could be a bearish divergence on the 4 H time frame which now she is resting around its 1.618, forming a Bull Divergence on the 4H time frame. Bull div extensions plotted with TP points.
Up trend Respecting the fibs Low market cap 0.000001 sat was support turned resistance after the process drop Intense fight to break it over the past few hours.