Morning Traders,
an updated version of my previous chart with some minor corrections.
Goodluck and trade safe!
-Toaby
an updated version of my previous chart with some minor corrections.
Goodluck and trade safe!
-Toaby
Comment:
We were unsuccessful in breaking 8700 on Coinbase , so price looks like it will move down. Look for STRONG bounces on the 618 , 5 , and 386 . if not , we will try for a double bottom.
Good luck and trade safe!
Good luck and trade safe!
Comment:
Missed the marker with the run up we had , but my stance still stands ; we might test the lows again. If we manage to pull a higher low on the daily chart then i am CONFIDENT we found the bottom. If not look for a double bottom or a lower low .
Comment:
If we cant hold the 618 im gonna bounce out and see where this thing ends up .
Reason i think we're not going for a double bottom anymore and setting a new higher low.
- This sell of is pretty well contained (so far) , and not not falling off too rapidly .
- Its built up a lot supports on the way up from this move.
-fundamentals
- I think the accumulation faze is over and most people are convinced we have have found a bottom on this last sell off.
Reason i think we're not going for a double bottom anymore and setting a new higher low.
- This sell of is pretty well contained (so far) , and not not falling off too rapidly .
- Its built up a lot supports on the way up from this move.
-fundamentals
- I think the accumulation faze is over and most people are convinced we have have found a bottom on this last sell off.
Safe trading.