VERY SIMPLE CHART JUST OUTLINING AN OBVIOUS AND CONFIRMED TRIANGLE PATTERN AND FOR ME WE NEED TO ATTEMPT A BREAK OUT OF TRIANGLE AND ABOVE THE 200 MA. NOT LOOKING GOOD.
Analyzing the $BCH chart we can see a high probability of a down trend and hopeful retracement down the fibonacci level and moving averages. My personal trade is as follows: --open short position on 5x leverage at the .0750 level --take profts at P1, P2 --close trade at the golden ratio .619 which also coincides with the 50 day moving average. Gredy trade: --...
Cant get much better than how this trade I spanning out.
I HAVE HEARD A LOT OF HYPE REGARDING $GVT THE PAST FEW DAYS. I WAS SEEING A LOT OF CALLS TO BUY EARLY IN THE WEEK AND AS WE CAN SEE THAT DIDNT WORK OUT FOR THOSE THAT BOUGHT. I AM WAITING FOR A BOUNCE OF THE MANY OF THE SUPPORTS WHICH SEEM TO BE THE 50/100/200 EMA AS WELL AS THE 50/200 MA. AVERAGES THAT ALL SEEM TO CONVERGE RIGHT AROUND WHERE I HAVE THE .786 FIB...
ZIL has been accumulating like many alts have been over the past couple months. Once we break out of this range I have my targets labelled. Just waiting to dip a bit deeper into my buy zone and have the RSI enter into more into the oversold region and BOOM we should be on. I will stagger my buys and have stated where I will take profits.
XRP looking like it wants to shake hands with the 200 EMA and retouch the Hi/Lo retracement since the September 21st spike up. If 200 EMA fails to hold then we will update and evaluate where we stand at that point. My tentative orders are set for XRP in that green buy box.
DJI has a massive Bearish Divergence on the weekly. RSI shows a top rejection. Looks like the perfect storm for an economic crisis.
ZIL has been accumulating like many alts have been over the past couple months. Once we break out of this range I have my targets labelled. Just waiting to dip a bit deeper into my buy zone and have the RSI enter into more into the oversold region and BOOM we should be on. I will stagger my buys and have stated where I will take profits, which coincide with...
Been gradually snaking our way through the obvious wedge channel. Decision time is coming to see if bulls or bears takeover. I can see some pullback still towards 5800-6200 before we work our way back up. This accumulation pattern in the 6k range has been going on for months and amount of Bitcoins $BTC that has ben traded back and forth has been massive.