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DarkEnergY is back with a NEW exciting update on Bitcoin. A lot of stuff has been happening today. We have been going sideways for 14 days now, and suddenly out of nowhere, when we least expected it, within 30 minutes whales shot the price up more than 1,000 USD which put the RSI up on ALMOST level 90. It's NOT something you see every...
Hi friends! Welcome to Poop's wave count analysis on $FCT.
If you have missed the November pump, now is your second chance to ride the #FCT Bullish Cycle.
The previous uptrend (wave 1) had a very significant volume and the succeeding price correction (wave 2) had a weak volume which gives us the conclusion that we have a bullish trend. We just completed wave 2...
H4 - As long as 125.70 holds (false breaks are acceptable) we can be looking for sell setups. The hidden divergence started turning into continuing divergence – bottom line is, there is bearish pressure. Testing the 125.40 level would be ideal.
H1 - We can see bearish divergence already forming and the price is inside the resistance zone.
in 4H chart:
top of the bearish parallel channel
pullback to broken support zone
61.8% fibo retracement
hidden divergence in RSI indicator
Entry : 0.6705
-Stop : 0.6745 (40 pips)
-TP1- : 0.6605 (100 pips)
-TP2- : 0.6505 (200 pips)
in daily chart:
pullback to broken area and support level
38.2% fibo retracement
this is my introduction to the stock market, and how to use the basic beginner that has a simple & riddled technique of numbers & time place in ones best spot for stocks
IDEA OF THIS/
First thing people should know is what your doing. You knowing what your doing is key to this job/business
Second thing is make sure you are willing & reading to spend the time &...