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kryptoklaus
Oct 16, 2017 10:23 AM

falling wedge 

Cardano / BitcoinBittrex

Description

falling wedge + stoch RSI oversold- waiting for confirmation
Comments
Vlade4o
I know It will go up! Has a great potential... the project and the coin
What is your up price pick ?
kryptoklaus
@Vlade4o, yeah coin looks good but im waiting for it to cross resistance to get in - right now there is a 50 btc sell wall on bittrex. probably a whale trying to lower the price and buy more at a cheaper price, which is also a good sign but that also means its not the time to buy. either you wait for a reversal on the support or you wait for the resistance break. there is also a third scenario in which the price might fall to the fib level 0.2 due to the price manipulation. right now i cant really say anything about a target. it depends on the volume but its always wise to sell some parts at/before the fib levels
Vlade4o
@kryptoklaus, It is a whale trying to lower the price for sure. Well I got in on 0.00000517 and my analysts say that will go up to 0.00000600 till the end of the week... which is not too bad :)
Great chart btw
nginx
@Vlade4o, This a next gen blockchain 3.0 project with one of the largest teams in crypto and multiple ex-Ethereum guys at the helm with one of them being the co-founder of Ethereum. I think if you want to hold any project's coin for the long term, this has to be it.
Vlade4o
@nginx, I agree, all indicators tell me that this is great long term coin with lots of potential! And at the moment its even more cheaper :) so buy buy buy :)
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