Waves is in a falling wedge. Don't know if the impulse wave make sense because wave 3 is lower than wave 5. If you know let me know in the comments.
Hello boyz and girlz, I'm quitte new on chardting so in this case it isn't financial advise AT ALL. Only trade when you agree with me. Arguments: MACD: 12 and 26 are flirting but not clearly crossing yet. RSI: Doesn't show we are in the overbought zone yet. Bounce box: Previous support/resistance. Target box: 1: Breakout + poll (the poll of the wedge). 2: By...
Hello boyz and girlz, this is my idea on Lisk. Box A is based on 100 and 200 day MA, fib levels and previous support/resistance, box B and C are based on the fib levels and previous support/resistance. Please feel free to comment. Kind regards, Karl
Hello there, iota is in a falling wedge (very bullish pattern), MACD just crossed and have a lot room to go up (good signal). But...volume is decreasing...what does this tell us? I would say, that we must only buy the breakout if there is clearly big volume at that moment. What does the CMF say in your opinion? Please feel free to comment. Kind Regards, Karl