For now it looks like RVN has found its bottom. My target is a double top for 20%. Volume uptick, and indicators about to bottom. Seems to hold 200 MA as support, a close below could invalidate this trade and we could go to double bottom, keep that in mind.
Trying to pick this up around 25 sats , might take some time but it has been trading in this range for a bit. Im sure we will see a nice break out eventually. Ncash like to run fast so keep an eye on it.
What we see on the daily chart:
- 650 seems to be the bottom so far after this big retracement
- volume coming in, buyers stepping up? Tight candles suggest there still are some sellers left, but it looks like an area where buyers might step up big time and sellers run out, but we need to keep in mind btc is still the boss here
-RLC likes to move fast , I would...
APPC sitting at the bottom of this channel, it held since AUG '18. Trade is invalidated if we break below the channel, i would give it up to 10% though as not to get stopped out on a wick.
First target 20%
With btc correcting a bit, we might see some alt action.
One alt that might be approaching bottom for now is WAVES.
Chart tells me would could make a >10% move here which could last a few days. Im using a measured move for my target, targetting next price channel. Aiming for 16-20% here. Stoploss I would go for 3-5%, best to buy on a retracement on 4h or 2h chart.
Looking at xrp here, it likes to play the fib levels. Got rejected on lower timeframe, currently retracing, Im setting my buys all the way down to 5580 range. Next fib on 4h 13% up see if we make it there.
Stoploss I put just below this fib level at 5540 range for tight stop.
Big question, is this the bottom for xrp or will this support break eventually??
Hello fellow traders! Welcome to Spacepeso's third chart! Lets dive right into it.
WAN made a nice 70% run in this small alt cycle. It retraced hard back to 650 area and that is where I will enter my trade. All depends on btc , a big btc move could drop WAN hard so its always risky in the crypto space.WANBTC made a new low and seems to have found bottom after a...
Hello fellow traders! Welcome to Spacepeso's first chart! Lets dive right into it.
XMR - Monero has been one of many quiet coins in the cryptocurrency space lately. Whether Bitcoin is bullish or bearish could determine the action that Monero takes in the next couple of days. So on this chart today, we have the 200D EMA cruising just above Monero's USD pair....
