i think its better to long instead of short your thoughts?
i think we are in bullish zone already for AVAX, and this strategy might be how it could be done. Not a financial advice. Just my thoughts and idea.
Here is my analysis on why SOL looks its going to break the previous ATH. What are your thoughts?
SOL has been making new ath since past few days and looking at its current 4h graph it seems the next new ath is on the way. Ill be closely looking it as heikin ashi candles are telling me something. 30% gain from 187 to target 240. Sorry for the bad drawing i am on mobile. :)) Have a great day bulls.
Might come a little down to touch weak support and bounce from there to break the resistance.
We can expect one more red candle and low volume but later that i think we might see a good bullish trend. I am sure the triangle break would be upwards due to market being bullish and indicators showing uptrend coming in ACH Pay!
Most possibility of DOT holding the trend line (Blue)
If we look at rectangle A & B we can find some similarities but lets see whats ahead of DOT.
3 Moving averages Blue 2 MA Yellow 7 MA Maroon 15 MA 15 MA has acted as support and if it breaks we might see DOT at 23 but if it doesn't then i am sure it will be above 28.
So here is my analysis on ACH coin listed on Huobi Exchange. It has already hit the resistance two times and now i think it might get rejected at support and might find new support at support 1 or 2. My personal opinion is Support 2 looks more strong but lets see.
If the next candle forms above 50 EMA (Blue) i think it will be a good trade with possible profits at resistance 1 & 2. What are your thoughts?
I think its possible bullish signal? Not a financial advice.