I am personally NOT trading altcoins right now and I do not own this coin. That said, it has shown tremendous relative strength for this entire bull market and on this recent drawdown.
As you can see, Trading Alpha is showing squeeze shading, a breakout to the upside, a grey arrow showing a buy signal and grey dots. About as clear as it gets. There was also a clear “B” at the bottom.
We also have a clear break of the downward resistance (blue line).
This looks headed to the all time high at $7.61. A break above that is blue skies, which is one of the most appealing trades in markets.
As you can see, Trading Alpha is showing squeeze shading, a breakout to the upside, a grey arrow showing a buy signal and grey dots. About as clear as it gets. There was also a clear “B” at the bottom.
We also have a clear break of the downward resistance (blue line).
This looks headed to the all time high at $7.61. A break above that is blue skies, which is one of the most appealing trades in markets.
scott.melker@texaswestcapital.com