There's no such thing as a hot shot trader that's always right: Trading the market is the most riskiest investment. Example: Bill Ackman a billionaire stock trader lost ($1B) one billion dollars with shorting Herbalife.
On hourly chart: After red 200ma becomes flat and price is above a test may happen and a higher possibility of a larger uptrend may take place.
Bulls are in control price may break above 200ma: Indicating a possible rally
It appeared the bulls were starting to take over but the bears are still in control
Bull Flag: Continuation pattern on the hourly chart indicating a rally the pole and the pullback the flag.
Tea cup and handle: A continuation pattern (Buy at the lows with no stops and no margin)
If the 20ma crosses above the 50ma she might make it above the 200ma.
Price stayed on the .27 for 3 different hours and on the 3rd hour a breakout. She's staying above the 20 hourly moving average.
Possible for the 31st she will hit .27: Buy when the bulls are in control.
"X" marks the spot will see If price continues downward. (Buy after price goes above the 200 hourly moving average)
#1: Double bottom forming a "W" and #2: Break of .27 support into a lower low.
She broke the trendline now she's headed towards a .27 support area. Buy after price goes above the 200 hourly moving average.
Based on the hourly without looking at price and just looking at the 20, 50 and 200 hourly moving averages (hma): The bears 🐻 are in control.
Based on the red 200 and green 50 day moving average if price keeps going down there's support at .23 - .25
Will see if she holds this higher low area indicated by the blue trendline. She needs to go above the blue 20 hourly moving average to confirm this higher low.
On the hourly chart below the 50 hourly moving average, it was tested and now price is going down. Price has to go above the 200 hourly to make significant trends.
Example: If you bought @ .75 and your loosing money it's ok 👌 buy more at a lower price and average out your total cost of the amount of currency that you bought to .30 closer to the whatever the current price is. (No stops and no margin)
Will see if she continues upward or breaks below the 50hma