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rb5network
Apr 13, 2018 10:44 PM

NCASH Is Due for Correction; Maybe With an Impulse Wave Up Short

Description

NCASH is needing correcting, as almost all coins right now. With the RSI not being in overbought, we could see a slight impulse wave up, with the further correction to follow. Not sure though, and I'm not wanting to test how far the wave will go.

I'm shorting for now!

Comment

With that nasty lower wick, we could see a reversal for NCASH since the price is closing high. We'll find out soon.
Comments
crypt0whisperer
How did that short work out?
rb5network
@jjknox7, Not bad, I shorted around 35% of my NCASH positions at around 535. The overarching trend is still bearish. I think the market will be pulled down for a bit more before a larger bull run. But, we could still see the price going higher.
maliuygur
lol shorter
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