First of all, don't forget to follow and like my ideas. Don't hesistate to ask me questions or to post your chart below. I like to discuss charts in a normal way. :) Besides that, I also give updates and trading ideas on Twitter .
I just bought some Status, I'll buy more after breaking resistance levels: dotted line, resistance (1). Bitcoin is quite calm at the moment, but if BTC will drop heavily again, I might close this position (earlier). I still have short positions in BTC as mentioned in previous ideas.
Status is in a downtrend since it's all time high. What we see now are excelent circumstances to find higer levels again. Since the beginning of this year, Status is trading on very low . Last week, suddenly we saw a sharp increase of . It's often a sign buyers come back. The price failed to break out it's triangle the first attempt, but the is still high. I expect a break of the soon. The dotted line is our first resistance. After this, the blue resistance line is second. A break of this resistance will trigger buyers and the 50ma is the first target then. The gives plenty of room to skyrocket towards the first fibbo level. This will be my final target.
Buy: Now or when we close with a candle above resistance.
Target 1: 0.0000149
Target 2: 50ma
Target 3: 0.0000231
SL: Below support (2)
In summary: We have a lot of signs Status is ready for it's next big move and the circumstances are excelent!
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Questions? Feel free to ask and your feedback is welcome!
Well then I will follow your ideas & try to learn & ask some qns if you dont mind