As we have witnessed there was a nice correction in the past month. No we can see that there is an uptrade coming. I think with Trump being the president, there will be a big hype in the altcoin market. So that will be a possibility to gain momentum.
I dont know for sure, but it seems like a head and shoulder is in the making on the 4H timeframe. That may be a reason to break out of the channel and looking for the 1980 or possibly 1940
In march 2017 arround the same date as this year we had a situation that is verry similar.
I think we are heading for a point between 1.06 and 1.05 te retest the support level.
After that we are looking for a bullish run to 1.10.
I have opened my position at 1.07312
No trading advice. Only sharing my ideas.
Hi, what do you guys think? Whe are looking to test a new support level, maybe a level from the past?
The fibonnaci retracement levels see almost the same area as the levels from winter 2017/2018.
I think we will first be heading for about 93 cents and after that a for 1,36.
What do you guys think?
Hi guys,
I was watching the 15 min chart and i spotted a symetrical triangle.
Look at the black ABCDE wave pattern.
Keep in mind that the volume is 3 times the volume of a week ago.
What do you guys think?
Hi guys i made a new chart for the XVG BTC.
I noticed that the bottom line of the triangle could be drawn differently... Do you guys think this make sense?
Maybe now it touches the bottom to take off
Old chart:
What we can see over here are tipical signs of bullish market.
1. ABCDE correction wave has almost reached its destination (the bottom support trend of the triangle)
2. The symetrical triangle itself
3. The Bollingerband is narrowing down, if the candle comes bellow the bollingerband that indicates a buy signal
4. The STOCH RSI is on a low, The lines are almost...
