we had a nice break out on this one. Expecting 100% in short term. Bullish signal.
Target : 0.00002672
Thanks!
Srinath
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We just started our rally, MACD turning positive. Lot of room to grow. No worries. It is really a good project and even hodling for long will give good profit.
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As per the Technical, The chart has lot of room to grow. we just crossed our MACD and RSI is uptrend. we had a big spike in past two days so it would consolidate a little around ~0.00001130 (support) which is why I marked a red dotted line if you see the chart. this consolidation will happen for a day or max two days, then we should heading back up.
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I think we almost ready to start the short term 100% rally on this one.
@Dieter1983, The drop is expected one. we are still active in this trade. if we cross 1027-1030 sat then we will go down further.
alpiero
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then why did you say "short" in your headline ?
srinath1908
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@alpiero, It all depends on where you want to take your profit. This target can be achieved in few days or a week as per the chart. After that we might experience some downtrend for a while. For long you don't really care about short term downtrend. This trade will end once we reach the Target. Later, If we have some history for this chart I would put some Long Term projection :)
alpiero
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@srinath1908, Thank you for the detailed answer :)