Many thanks to @fritbjorn on his analysis earlier comparing this asset to MATIC. Here we have a long wick candle forming very near a key level and a Fair Value Gap. We also have the CCI close to -200 alluding to being oversold and a price reversal. We also have the bottom indicator flashing green saying the bottom is in or close. Just keep and alert eye for *possible* price reversal. Pray for a miracle.
When price goes back from the bottom line of the bad, go long, wait until it gets back to the middle line, this should be a 7/10 chance to win
ALICE still holding support trendline when another coin breakout trendline This is insane when ALICE also pullback here But this movement placed ALICE below redline I think we are consolidation here before next moving Or maybe testing another support to manipulate price before next leg
Pump and dump cycle will be repeated? RSI, MCD, CCI , cycles
Fakeout is indicating someone manipulate price to buy at some point But currect condition when i post still below redline Add to your watchlist and wait till create some chop in this moment before taking position But maybe its push upward cz wick or will go down to fill in wick
When the price is touching the bottom line of the band, it's a simple signal to go long, wait until it gets back up to the EMA, then close it
CRYPTOCAP:BTC shows what you can do and break that demand zone. We want to make money and not be in uncertainty
Algo vs. head and shoulders smackdown -- who's gonna win? (said in my most bobastic sounding voice) To be honest, both COULD be right. I can win short term and the breakdown could be real. Uptrend line from the May low is still intact and I always listen to my algo on the miners because the wins are usually fat compared to others, plus it has already corrected 40% and Bitcoin hasn't. While the miners are always leveraged plays on bitcoin in both directions, 40% seems extreme to me. I traded it during the March-May 50% correction and made money then, so entering after a 40% drop already happened makes this a much higher probability trade. I may cut it loose early if I can get a big win before the end of the day on Monday, though. Per my usual strategy, as long as the position is open, I'll add to my position at the close on any day it still rates as a “buy” and I will use FPC (first profitable close) to exit any lot on the day it closes at any profit. As always - this is intended as "edutainment" and my perspective on what I am or would be doing, not a recommendation for you to buy or sell. Act accordingly and invest at your own risk. DYOR and only make investments that make good financial sense for you in your current situation.
the end of ABC correction is now But expecting some chop in support but if 1D not close below trendline its ok to take long position
Take a look at WIF on the 4 hr time frame We have a nice BULLISH BAT PATTERN. I would DCA in this area...BAT PATTERNS are an indication we are about to head north for newer ATH! NOT FINANCIAL ADVICE!...It's all up to BIG DADDY BTC... Looks like we are just gonna range between 91k-100k for awhile...will this mean we will see liquidity flow from BTC into small cap Alt coins?...good question...with BTC dominance on the way down...this is a great area to DCA!!! Good luck and.... ********* WIF WIF WIF WIF *********