XMRBTC seems to be bullish after that the price broke a daily dynamic trendline.
The price founds the support on previous resistance and now According to Plancton's strategy, we can set a nice order
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if...
1 zone buy: after the breakdown of dynamic resistance. Attachment above it.
2 zone buy: Fibonacci correction to 61.8% and middle channel testing.
Friends, thanks for your likes and comments!
Good luck with trading!
1) Focus currently at support triangle uptrend line area
2) Entry at this price and set cut loss if break the line. (strict cut loss)
3) Looking at the 8/11 volume, possible to rebound next week
4) Resistance at 0.395.
5) Higher reward compared to risk.
As we explore a nature of dynamic Fib channels with this pair. It's been interesting watching how it has adjusted its position based on price and time.
Have you wonder why it hasn't been motivated heading South for a while? It actually just daunting some moves but still on the proper level to stroll upward.
One of the findings is that, it has been actually...
Hey co-traders, 1st off, our GU is seating off on Major Short Trend. It's not wise to buy until cloud is clear. We can see how she tries to move up and keep on getting rejected on those key levels on volume. Dynamic wise, dealers still have a room for it down to the bottom to 1.235 or lower, which could be calculated as economic factor depreciates its price on the...
"WHO OR WHAT IS DUALITY?
“Duality” is a community-driven project that emerged during the 2014 altcoin boom and took its final form in 2017 as Duality Blockchain Solutions LLC. We at Duality believe that real innovation happens at the fringe by real people with pragmatic answers and prompt implementations to fundamental problems. Duality, as a social construct,...
With current market GE stock is volatile at best, resistance likely at 11.88 and could retrace to 11.22 area if volatility increases. New CEO has yet to make any significant announcement, although just the announcement caused a nice bounce, which vaporized last week and into this week. Any LONG buyers, wait, wait, and follow the volume. Setting alerts...
Take a look at the chart above, huge volume and breakout for DYNBTC on Bittrex, but this isn't the only altcoin that is moving up strong, we have many more and some such as HOTBTC, MDABTC, ERCBTC, SEQBTC, etc.
Why all this bullish action? Please share in the comment section.
As for DYNBTC, this is only the beginning, if you take a look at the chart above, you...
The pair is near the low border of a price channel started 2 years ago, in the circled area are going to intersect 3 dynamic supports of previous yearly channel plus 2 daily channels that I draw on the chart. With a Reward to Risk of 5 to 1 targeting previous high in this big correction I'm definetly keen to see price in that area with some bullish price action.
Dynamic is showing a nice uptrend with a break of the older downward pattern. I expect this coin to reach it's all time high, and maybe set a new one.
Target 1: 64336 (59% profit)
Target 2: 74867 (80% profit)
Target 3: 89214 (116% profit)
Target 4: 128490 (217% profit)