I believe this is a sweet spot for long.
A double bottom pattern, end of ABC correction, and support at 0.382 Fibonacci.
Impulse wave 1 will be confirmed if price breakout the trendline resistance (black line).
The trade I made is on XLMIDR (my local exchange) but so far it has a similar chart with XLMUSD
buy zone is around 8000-8500,
stop loss below the...
I know, this post is for ETHIDR (my local exchange), but since I can't find the chart on Tradingview, so I have to piggyback the ETHUSD :D
Price have breaking out from Major trendline resistance at 8th Jan, and find support at the same trendline. As long as the trendline holds, my outlook for ETHIDR is bullish. I believe we are now at the end of Triangle...
I get in too early for NXTIDR, but luckily it's sideways on NXTBTC, so a chance for me to grow my NXT by ping pong it (while HODLing of course) at support and resistance.
And waiting it to break resistance to start a new impulse wave.
Right now is good time to buy at 2880-2910.
Stoploss just below the support (around 2800).
First target at resistance (around...
