BITCOIN Logic: BTC has been in this range for 5 days but that won't last much longer. The range is tightening up and the breakout in either direction will have a lot of energy. We're currently above the daily 21 EMA , which in my strategy means that I will mostly stay with the trend and take long positions. This range is very choppy. It started with a...
Not really sure if this qualifies as a falling wedge, but something to keep an eye on.
Will open a position if it makes a nice close above 14. It looks like it's bottoming, there might be a reversal soon.
Lower lows, lower highs. Don't fight the trend. It had a nice run this month, but now it's oversold, might need to cool off. Rising wedge and strong resistance.
EURONEXT:ACKB has been channeling sideways for about 520 days. It has a strong resistance at 156. Currently in oversold territory (stock rsi), weekly and daily. Thus why I'm short. SL: 157.2 TP: 151.0 Entry: 155.5
Currently accumulating REQ. That's the best thing to do. I don't know when, but this sucker is going to go up and hard.
This is my prediction for REQ/USD, based mainly on fractals.
I highlighted the overbought RSI moments, and what happened next. Might be a very good short. :)