vanperso

vanperso Updated 

We just losing the local support. Strong support at 30.1k & 28.8K area to hold for immediate short term. Losing them will be another catastrophy. . . . I remain bullish for long term.

vanperso

Price action = lower lows, RSI & MACD = higher lows, This is bullish, if 29K (should) holds. If bottomed was in, and reversal confirmed, I am looking forward at the next resistance at 49K key level (fib 0.618). Happy trading!

vanperso

The hammer candlestick is a bullish trading pattern which may indicate that a stock has reached its bottom, and is positioned for trend reversal. Specifically, it indicates that sellers entered the market, pushing the price down, but were later outnumbered by buyers who drove the asset price up. Importantly, the upside price reversal must be confirmed, which means...

vanperso

History doesn't repeat itself, but it often rhymes.

vanperso

28K may be the bottom.

vanperso

There is always a chance to short at nice price.