Expecting a retest to the 0.618. Nice chance for a short scalp. After that it could continue it's upwards march so don't overstay your welcome in the short.
We have recently started investigating GLQ, not only because of it's incredibly low marketcap but also because of the many usecases, we feel this will be bigger than GRT. Enough about the FA, let's dive into the chart. Perfect retrace to .618, not a lot of data available since the project is only 10 days old. Which will make the price discovery an interesting...
Sand has been accumulating for some time now, it has closed several times above the golden zone and positioned itself above the POC. Triangle is closing, looks like it will break out the next 24 hours. Target: .90 SL: .51 R/R: 1:3
It has been a while since I had a look at VIDT. From my observations: - The bottom is after it has formed a double bottom. - A new trend has been created and is being followed as we speak. - The RSI is at the exact level where the last big up move started - There are 3 different price action levels which form a resistance and will flip into support after they...
What do we investors do in a dip? Exactly, we take it to our advantage and add to our position. The whole market went through a correction which was bound to happen. Chances of it going much lower are slim to none, so we seek our discounts. I'm looking at VIDT today, they went through a 60% correction after reaching an all time high not that long ago. Seems to be...
After the huge run $VIDT has shown, it has fallen back to the accumulation zone which looks very strong and will possibly cause another surge in price.
Remember, we are still in a bearmarket midterm. BTC is showing a pattern on the 3daily that seems to continue as of now. We did not close on a higher high the the previous top, so what does this tell us? Indeed, we should be seeing a lower low the upcoming 2-4 weeks. 6k incoming? Likely!