Zrx looking ready to pop! RSI is showing bullish divergence on the daily. Volume is increasing. MACD histogram is beginning to uptick on the 4H. These are early signs and it’s looking like it is getting ready to make a move. Enter between 5900 – 6100 Take Profit Targets: TP1 9681 TP2 12016 TP3 13903 TP4 15791 TP5 18477 I’d suggest a wider stop on this trade as...
Hello all and thank you for reading my thoughts on how to trade BTC. Keeping it simple with this analysis as it has been working very well lately. After a good uptrend BTC is now retracing. We can see that it retraced quickly to the .5 fib level, and later tapped the golden pocket, being the .65-.618 fib level. The price returned to the .618 level and looks to...
Hello all and thank you for reading my thoughts on how to trade ETH. After a large uptrend ETH is now retracing. We can see that it retraced quickly to the .5 fib level, and later retraced to the golden pocket, being the .65-.618 fib level. This is a likely area for the start of a new uptrend, or a good long scalp. There are two levels marked on the chart that...