This idea is the following idea of this one : As you can see all of my target were reached, and the 200period daily moving average stopped the bulls. It was a good point to take profit from this previous trade. However, we did not faced many sellers at this level, and i expect the uptrend to resume. For those who have followed the previous idea you actually made 180% profit. Over 3900 level i dont think we will hit major resistance, so it's a free run to the 8800 level.
Remember that Bitshares is the first cryptocurrency in number of transactions, this month we got a lot of good news, the price will follow.
TA : Full bullish for ichimoku with TK cross, bullish cloud RSI is OVERBOUGHT MACD in bullish zone
As you can see it look like a risky trade, dont put all your money on this trade, play carefully.
Enter : now, or over 3900sat level for more confirmation Stop loss : 3000 level look a good support Take profit : if we cross 3900 level ; 8800 before the end of the year, keep a part for long run.
Happy trading !
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another retest of 200 SMA, i think the third will be good