I'm watching this pair for some time. It seems like that the bottom GAP was perfectly respected by market and created something like triple bottom(black ticks). There is still upper GAP which was holding pair for some time. Upper GAP was pierced in the last few days with very nice three soldiers formation. Psychological level 0.0020000 was tested couple of time for the last two weeks which suggest further bullish movement.
If the upper GAP will hold the pair above it there is a big chance that the pair will move towards 0.0040000 level.
10% challenge: lest then 12 hours ago our first goal has been reached. If you follows me on that trade we got around 17%. <----- link in the description This is another one and our goal is 0.00400000 which is 54%.
I will keep you posted if I will close position or something will change.
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I scrapped this trade as it could go lower
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I'm sorry about this trade, it was rushed and I didn't take enough time to consider pros and cons.
Hy, I am thinking your idea should be still valid. Clams will hold over 0.002 and its just a matter of a short time until it will go up to a higher level. thx
yeah but I think it is also possible that it will go lower and stay there for while. Thank you for comment I will take a look at chart again.
MarkCanna
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I made essentially the same mistake. Believe that ETH FUD overcame T/A for a day. Can easily happen on low caps.
Krystiannwk
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... also please follow news if too many people will say that the bitcoin will go higher and everyone will be very optimistic it is very good indicator that the price of BTC will go down
Krystiannwk
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It seems like it is pattern when BTC is rising all alts are going down. I;m watching other alts and it seems that them CLAM's are staying strong for now. I;m expecting that the upper GAP will be tested soon. and 200 ema should support it.
I;m expecting BTC to reach 3000 mark and stay there for awhile, but definitely 3000 is in cards.
Jason7189
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I love your stuff man, been keeping an eye on this one for a while as well.