ormin79

Smaller bat formation

Long
ormin79 Updated   
POLONIEX:XEMBTC   NEM / Bitcoin
7
After greater bat formation (fulfiled to 61.8 Fibo), we have now emerging smaller bat, I try to seek longs in the blue rectangle area, only if other indicators will say so (small waves counting on m1 and m5 charts, and my favoured A/D indicator, RSI 14 and CCI 21 with divergences). So dumpers give me cheap XEMies!;)
Comment:
Hmm, pumpers say "no it will be not so cheap", But retrace is always possible, when not, I must buy higher, but technically. Observe!:)
Comment:
After breaking 0.0001 this pattern will be impossible to form, but it's for me to early to say that correction from 0.00014 to 0.00006 has ended.
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.