The Descending triangle that took months to play out had a measured move of about 47%.
It looks to have all but played out as it is currently.
If this isn't the bottom, I think that there is risk of Jasmy to go to around 0.003 - 0.0034ish.
I am personally scaling in at these prices.
It looks to have all but played out as it is currently.
If this isn't the bottom, I think that there is risk of Jasmy to go to around 0.003 - 0.0034ish.
I am personally scaling in at these prices.
Trade active:
My next buy point is around .003 - 0.0034ish.
Comment:
We got a 2 Day Doji, so perhaps a reversal?
Comment:
also a 1D dragonfly Doji
Comment:
We closed with a Dragonfly doji and a Doji on the daily and 2D charts JUST under the descending triangle measured move. Compelling and tempting for sure.
Comment:
It looks like we are forming a nice short term base here - and daily momentum has nice divergence on it - and it looks to be point upward if we can sustain this short term momentum. There are a handful of important closes to pay attention to today - I will post a new idea about this soon.
