Ok here is a coin I want you all to watch in this formation.
We have a very bullish divergence showing but we are lacking volume. Here the volume is important to break high on this set up.
Now if we break high of the triangle buy the first candle to close outside, if we break low clearly don't buy. If your holding this coin and we break low sell.
Hi guys, welcome back for the big crypto show – today’s edition.
In this post, I want to focus a bit more on how you can be attentive to potential trend reversals, via a method I’ve been using in some of my previous posts: the Heikin Ashi candle sticks, and more specifically looking at the Doji / Spinning top indicators.
FYI: A doji candle is a commonly found...
BCH is about to make its most important decision soon (it can take between 3 to 10 days) and we have to be ready!
As you can see, there’re two scenarios, both for the long term, so what we are looking for?
BCH must close a daily candle above or below the previous price (look at the arrows) and then, we can decide where it will go.