Don't know what this project is about but it is certainly attracting a lot of volume as the bear market comes to an end. A few indicators are suggesting the days / weeks ahead will be generous. We have a very impressive ascending symmetrical triangle with higher lows on the Stochastic RSI. The RSI has broken the resistance trend line and is now acting as support.
Finally we have the Stochastic RSI crossing up on the weekly chart, very powerful signal.
Trade closed: target reached
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Kaboom - 160% gain in a little over two months!
For the time being we are very overbought and there's some evidence of lower highs on the daily RSI chart. An excellent time to take profits.
Comment
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Opps - that was the BTC chart above, here is the USD chart. Same story really.
Trade active
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Ready for the next wave upward and onward?
Trade closed: target reached
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Almost 4000% - am out. Hope you are too!
Below is the 10-day chart, considerably overbought. Sure it could go higher but the risk you're taking is unacceptable. Better to rotate into something that is now offering less risk with upside potential, that's the game.
Wow, reading through this idea truly emphasizes the shear power of your indicators! Thank you for referencing this in your recent "MATIC short" idea.
without_worries
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@sashakusak, Thanks! Although not so visible in this idea, the same probability method was used. Have developed them so much since then. Using them means you only need trade a handful of times per year.
Draig_Coch
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WOWZA ...... Absolute belter !!!!!!!!!
without_worries
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@Draig_Coch, This is when I bought into MATIC. Look the numbers of people commenting, nadda... now a recent 'short' idea is posted, anger from all corners. Never changes ;-)
Draig_Coch
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@without_worries, great stuff.... I see some shots fired in the comments. Thank god you have thick skin. I don't mean to blow smoke up your a*** but you work is the dogz bollokz ... and your indicators ain't bad either hehe
without_worries
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@Draig_Coch, Thick skin indeed, emotions will destroy your cash if they are used for decision making. Practising affirmations every morning is a good way to start the day, helps a lot to stay on track.