@Ath_gk, Hey thanks for the interest. I post my quick sloppy stuff on twitter @Maxcypher so I don't get the pros upset here :) I posted that triangle breakout, called the rejection and retest... however I thought the retest would be a short wick down followed by a rebound... & not actually remain down... well, it went below an uptrend line and closed. No Golden Cross yet. Waiting for a bit more data... So in general, it appears to be functioning properly but in Slow Motion (lol) so I am thinking the rebound will begin but drag on for 2 days... I also underestimated the resistance at .201 Also, the daily MACD will be rising above the 0 line in a few days as well, depending on what BTC is doing, this could make for a strong impulse. "Could" see .25 by Sunday night. (not financial advice!) It may be forming a giant cup right now to pop when MACD crosses bullish. Hopefully that gives you something to work with
Ath_gk
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@MM99913, what next? it will retrace? or next target is 1.58?
MM99913
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@Ath_gk, i is pretty choppy because of low volume and now this BTC pump. Keep an eye on BTC as it will drag SOUL around.. if BTC rolls over SOUL will most likely follow suit. Next strong target is 1.4972 because that will create a giant Adam Eve cup...