Scenario 1 If price will not enter the upper channel Best price for short position - 1774$ Best date for this position: 02/07/2020 Best time for this position: Between 08:00-13:00 GMT +3 Scenario 2 If price will enter the upper channel Best price for short position - 1782$ Best date for this position: 02/07/2020 Best time for this position: Between 10:00-16:00 GMT +3
Time 14:00 Price: 1721$ Long position at 1721$ No more explanation needed
1. H&S - done 2. Channel 1 - broken 3. Channel 2 resistance was reached 4. If we will broke Channel 2, we will reach 1500-1515$ which is a resistance of CH3. To reach that price, it can take from 1 to 3 weeks. 5. Gold may reach 1600$+ if we will broke CH3, but it can be approximately in September.
I think 16K will be a reversal point which is a 2nd touch after ATH, and price will draw a pennant pattern by going to 6K Then will be a 3rd touch which will broke the pennant pattern next year and we will see new ATH 28-30K
At 674-690, XLM will start uptrend. Target of 4300 will be reached in October.
1512-1513 could be short-time reversal point before going to 1642$
Look like we have extended fifth wave. But I don't think, this token will go to All time high soon. This bullish movement, can be a start of ABC correction after bearish waves 1, 2, 3, 5
Looks bullish, Long-term I don't know. Short-term (1-2 hours) 850+-
First and second waves are already done. Now we are in the third wave.
Probably one more lower low
On the weekly chart and on the daily chart, previous falling 05.02.2018, price pushed back up, and closed under the trend line. But now situation is different. Todays candle, opened below the trend line, and will see how this week will ends. If this week will ends below the yellow line, price will drop very quickly to the green line, which is 4000 $ +- I think,...
We have green support line from September 2017, which was broken in January 2018, and after that it became a resistance. Now we have yellow support line from August. 1st touch: 16.07.2017 2nd touch: 14.09.2017 3rd touch: 06.02.2018 4th touch will come soon. At Yellow line, probably we will see a pullback, or it can be a trend reversal point for long position....
If this is the case, then we finished 1st wave and now we are in 2nd wave which contains abc correction and now we are in (c) wave. And if this is the case, after wave 2 at 200$+-, we should start 3rd wave of the main cycle. Final 5th wave, will re-test all time high price. Hope this is the case, and wish you good profits.
You will despair or will buy at the point of despair?
Nasdaq composite IXIC and bitcoin. Where is your entry point for long position? 10K looks like a strong support? Maybe...for short term
Rumors rumors...... I'll wait to touches 8000$
Look to monthly RSI and bearish candlesticks. Let's look how this month will ends.
Buy zone 1 - 7500$ Buy zone 2 - 5000$ Buy zone 3 - 3000$