I really like 1inch here for a solid 20% potential and higher.
This current flag is develping well and looks ready for a breakout as the market is very bullish today.
Short target of $7.
Stop out $5
R:R = 3/1 ($1.50 vs $0.50)
Leave a comment below if you agree or disagree.
Entered a short at the .5 Fib (.0044 btc)
Going to ride it down .236 fib (.0039 btc)
Once price passes .38 fib level I will be placing a stop loss at the point and keep moving it up as price goes down more.
Hello traders. In the last few weeks, I have been experimenting with trades on a smaller time frame - trying to catch moves perhaps a little sooner. During this period I returned to Wyckoff and have incorporated some of his markups to help me recognize periods of bullish momentum. I have spent the last few weeks just marking up charts in the manner pictured above....
+ Support at .15
+ .618 Fib hold, next leg up unto 60c - 1$
+ Could reach 1.5$ by end of March
+ Holding short term moving averages
+ Candle Patterns looking very bullish, and likely for more significant uptrend continuation
* FUNDAMENTALS ARE LOOKING STRONG SHORT - LONG TERM
*Disclaimer: Not financial advice
* I took a position here at .15, looking to exit at...
On the January 14th post, it ran into the resistance after breaking out of the wedge. I put out one of the two scenarios. Breaking though the resistance and going up til the next target or quick pull back to the support level and breaking out. It pulled back perfectly and defended the support and today finally advancing to the short term target. Quick 20% profit....
I’m predicting US30 will continue climbing into unknown territory for this group of achievers.
Since I’m a newbie in indices tradering I find scalping on a five minut chart to be most beneficial and after this restest daily candle for MONDAY I expect price to continue the uptrend into 30,300 and higher.
Get your computers ready, the mist poltical confusions...