Long term trend line confirms support on the 3-day chart, that is powerful. RSI & Stochastic patterns also change direction. Targets indicated. You can wait until bottoming low turns to the support, i.e. bounce off bottom blue horizontal line.
Don;t have the time to explain everything so in short. Happy for everyone who entered at the proper entry. I was away, but if i was trading this that would have been my entry. Be careful now, as we have entered the cross-hair of plenty of resistances here. Volatility is bound to increase here. Good luck everyone ;) **LEGENDS** BLUE = Bear/Resistance Yellow = Bull/ Support ~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~ /*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/ If you want your coin to be analyzed, JUST ask. If you got a question, ASK away! And please keep those Stop losses in place! Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines! Thank you, Ajion
After four weeks of price increase I take today for the first time profit with Waves. I see a correction in the near future which could pull down to about 80000. Here I see the first new entries for the last wave 5. RSI is already heavy oversold on daily. I dont see the possibility for same price area like last year April/May because now is more volume in the market and it is not so easy to push the price up like last year.