CrackingCryptocurrency

Will NCASH Bullish price flip continue it's momentum?

Long
#NCASH/BTC

Ok, depending on your risk tolerance, you can choose how safe to play it here, but I'm seeing lotta chatter about making this trade. TA looks pretty good to me to confirm, but PLAY IT SAFE! haha.

Daily
Trading below all EMAs, MACD converging, 7 of 9 on Buy Setup, saw a buy countdown 13 not long ago, pRSI skyrockets 2 days back while CMF and accum/dist start trending up a bit.

Entry: 190-200

Target 1: 230 Tenkan line (yellow on my chart)
Target 2: 270
Target 3: 330 TDST resistance line (horizontal red line crossed by green line on my chart)

Stop Loss: 165
Duration: 1-4 weeks
Comment:
Looks like T1 and T2 hit, about 284 peak wick. Going to play this out bit more and say we sold portions of our position, as the Cracking Crypto way does, and watch for T3 possibly.

Currently we're seeing broken downward sell countdown on the 12hr top left, during a 5 current candle in the upward sell setup, now trading above Tenkan yellow line below magenta Kinjun, closer to Senkou B bottom line of the red resistance Kumo cloud that is expanding adding downward pressure. Crossed over orange 26 EMA too which is very pulling in either direction. Fully diverging MACD though, with accum/dist dropping diverged a bit from CMF, yet trending with pRSI drop towards midway.

The 6hr is fun watching the spike candle start the bullish price flip with a 1 Sell Setup, and now on a 2, broken into the Kumo resistance cloud and now looking for support on the Senkou B. Above EMAs so we'll need continued momentum to hold.

Daily on a 3 upward Sell Setup, but losing steam with a red candle flip. MACD still diverging and accum/dist diverged from CMF. CMF is rising to midway showing some pump action, but will it continue? Trading at the yellow Tenkan bit above, and still plenty of room to reach toward TDST, 55 EMA and magenta Kinkun though.

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