Hi guys, I think Thai SET Index is forming the ascending triangle pattern, which I think might move in the side way for awhile before breaking out. Please let me know what you think. Note: This is just my personal opinion, not a financial advise.
Friday's close to confirm this weekly chart...
Market re-test support at 1.2300 again (3 time) create Harmonic move Bat Pattern Sl # = 1.2270 Entry = 1.2305 Target # 1 = 1.2355 R:R = 1 : 1.5 Target # 2 = 1.2380 R:R = 1 : 2.2
If we break resistance we could see it go up to 7000sat but if this candle closes below we can see a pullback to 5000sats. this is just my opinion, trade at your own risk
With the current state of cryptoland, this coin should get a decent pump! Fundamentally solid, and with a sligly undervalued marketcap I believe. Fundamental So yesterday we got some good news from PowerLedger. Thai-Government backed BCPG agreement! That's substansial and should increase the hype. It's a new coin, and there is a lot of speculation money...
End of impulse up wave RSI Divergence 3 ( weaker up trend ) Fibo 423.6 from bottom wave 1 2 Entry SHORT POSITION " TFEX " S50U16 @ 925.00 ( 12 / july / 2016)