Hello,
I must confess to prematurely calling the breakout. It's one of the tough lessons in trading, you will more often be wrong than right. But it's good to stay humble.
Ok!
We have been on this for a couple of months now and this is getting razor thin. The chart is not able to conceal the inevitable breakout that has been looming since new years.
We have RSI printing a mere identical pattern to that which lead to the last major breakout. It now only has to rebound from the trend-line (wave E) and head back up. A great lesson in TA is that you can never be sure when something will happen, only what will happen.
The chart should be pretty self-explanatory so I will just leave it to time.
Fair trades!
-B
I must confess to prematurely calling the breakout. It's one of the tough lessons in trading, you will more often be wrong than right. But it's good to stay humble.
Ok!
We have been on this for a couple of months now and this is getting razor thin. The chart is not able to conceal the inevitable breakout that has been looming since new years.
We have RSI printing a mere identical pattern to that which lead to the last major breakout. It now only has to rebound from the trend-line (wave E) and head back up. A great lesson in TA is that you can never be sure when something will happen, only what will happen.
The chart should be pretty self-explanatory so I will just leave it to time.
Fair trades!
-B
Comment:
A little wider picture of the chart:
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And to make it even more clear, without wicks.
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And we have a bullish crab.
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While we wait for the bottom confirmation on both price and the RSI, we can begin prepping the road-map for the profits we are aiming for. What a bullish crab can project for the future is a target-range from 500sat all the way up to 3000sat.
How we choose to play the trade is up to your comfort and TA. Here is how I see it, and how I would go about playing it. DYOR and not financial advice.
How we choose to play the trade is up to your comfort and TA. Here is how I see it, and how I would go about playing it. DYOR and not financial advice.
Comment:
Comment:
Ok now, if the daily closes with these numbers we are ready for the lift off!
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Could we be ready to start pumping? I think strongly, maybe!
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pump it
Trade active:
Here we go:
Trade active:
