Technically the daily is bullish, but price is very far away from the T/K from the previous spike making it hard to read, possibly invalidating any read I make using Ichi.
The spike has also made the 4hr rather hard to read.
However the 15 and the 30 minute are leaning bullish with the 45 minute about to flip neutral/bullish according to Ichi.
BBands have squeezed and it's looking as if we could get a nice edge-to-edge on the 30 and 45 minutes. This could be an easy 10% trade. This is a little more risky since we haven't closed within the cloud with any conviction as of publishing this idea.
If we turn bullish, the medium-longer term target would be close to 0.01 which is the Kijun on the 4hr.
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Let's see if support holds before I'm stopped out.
Trade closed: stop reached
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miko_86
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thanks bro ... is there any indication altcoin that will pump in the near future?
how could I call you bro?
snatly
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@miko_86, feel free to DM me and we can chat, but honestly I'm just Some Guy From The Internet. Nothing I type or post should be construed as financial advice. I don't follow any pump groups so I have no idea what is a pump and what isn't. Setting solid stops and sell orders is the best way to traverse the stormy ocean of alts.
miko_86
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do you know BTCD movement prediction in 1 week or 1 month ??
whether it could penetrate the highest value?
snatly
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@miko_86, Just eyeballing- I'm pretty neutral on BTCD now. It appears to be content with bouncing around ranges (ignoring the crazy spike). I suspect we will not see significant upward movement again until July. Indeed, this blew through my stop harder than I expected.
As to reaching it's highest value? I very much doubt that outside of some significant fundamental news.
how could I call you bro?