seanrausch

Descending Wedge

Short
So, not looking great in the short term,(probably until mid next week) possibly looking at a major momentum shift for NCASH. It appears that we are stuck in a descending channel. If the 4hr price closes below .00006008, then a drop to the mid 800's to mid 700's is likely. The rest looks pretty apparent. In the past few weeks, we really haven't seen BTC affect the price too much, but now it appears to be the opposite. Let's see how low it goes. I am waiting for a better price and will buy if we see a significant drop and level off if the 4hr close in the lower 5's. What do yall think?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.