Tricky coin of those days,bittorent with a large network behind is maybe going for its 3rd wave,the fibo retracement shows us that the 0.12 could be the lowest or the actual lowest 0.14 could be the end of it. wait for a good price in your opinion and expect 0.40 in return. we would stay that this is a good price in 2 months so lets start with 0.29, we will keep updating.
Price has formed in the previous days a double bottom pattern and it bounced back breaking above a falling wedge pattern in moved in. We may see that after the breakout price retraced and tested the upper broken trendline of the wedge and from there it rallied. That would be the best place to go long. From now on we should watch for a new correction before buying...
In my last AUDCAD i forecast the potentinal upcoming moves of the market and till now everything have gone as planned. We are now at the beggining of a new big impulsive up move and what we should look for are sharp moves followed by corrections. Price has made a sharp up move and it seems that it has began its correction. So keep an eye for that correction to be...
Price has bounced from a key level and moved up with a sharp up move breaking a short term downtrend. It then pulled back to rest that broken level and it seems that we may soon see another move up.
Price is moving in a descending triangle and soon will break out of it. In case that breaks below the lower trendline we should just sell the market, otherwise if it breaks above the upper trendline we should wait for a correction and when it ends we may buy.
