I'm not sure when this market will get itself back on track, but this is a great entry opportunity if you want in for the next round. We're looking very strong (despite the downturn) and some of our bullish indicators have returned. I moved in between 860-880, looking for 20-30% gains in the near-term.
Looks like we saw the chart do something similar to this in a recent subcycle, but there's not quite enough data to confirm yet. Especially considering the whacky BTC/ETH/LTC action we've dealt with over the past few days. Keep an eye on it if interested. Longs should prob just hold tight, but those on the sidelines might want to consider the opportunity to...
Bounced off the bottom of this channel and looking for some more upward movement.
Target 1 - 0.00000517 Target 2 - 0.00000530 Stop los - 0.00000458
Bullish divergence Trend line touch RSI oversold and in buy zone
this asset is respecting the bull trend line and forming a strong entry harmonic pattern
SL 445 (-13%) T1 578 (+13%) T2 673 (+32%) Ideally you dont want to see this close on a daily below this .5 fib line, as the next fib would break the trend.
Keeping a close eye on NCASH here. Looks like its still trending upward. Not in the trade yet, just set a potential stop loss if I were to enter at the current 532 sats. As usual, use FIBs for potential resistance, support, and targets. ROOKIE trader; Follow at your own risk! -Solid horizontal orange line: I bought at that price -Dotted horizontal orange line:...
Hey, I am back with another Technical Analysis this time looking at NCASH. Nucleus Vision is an IoT & Blockchain based, contactless identification system, using $nCash cryptocurrency to enable transactions across retail ecosystem. That was in short about NCASH. Taking look at the chart. There is a third Pennant breakout Pattern that has formed in a row,...
Ncash has been on a clear uptrend since mid March. In this analysis I am only using trend lines to figure out where the price will go. Currently we are being rejected by the trend line we just hit. I've drawn a dotted arrow to indicate that the price could retrace back to the bottom trend line. I don't think it will retrace however because we are forming a bull...
My personal map to NCASH coming days - Zones(Buy/Sell) - (Confluence of 1hr(pink)-4hr(orange)-Daily(blue) horizontal resistence/supports and Fib. levels)
What will happpen to ncash now?? -Macd is about to cross on 1 day chart. -Rsi is around 60, showing that we have plenty to go on. Nevertheless, we need volume to start the run, if not it will just fallow btc. My target: 620 - 640 short turm.
If you missed the initial break out, there is still an opportunity to enter using a LIMIT order to BUY should price re-test the consolidation zone: 1. Valid break-out pattern with a clear consolidation zone 2. Smaller time frame patterns have hit profit targets = trend continuation 3. High return on investment (32%) with massive 6:1 risk/reward Enjoy. ...
Targets: 1) 840-860 2) 940 ... 3) 1240 I'm holding tight until we see a strong move. Didn't wait this long to bail at 10% gains!