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We got a BUY signal on CDTETH from SwingBot
Trade Risk: Low
Price above SMAs
BuyZone, Possible targets and Stop loss are indicated on the chart
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CDTETH price closed above 3rd March 2019 Donchian upper line value on 4th March - confirming a potential uptrend.
Newly established trendline holds and is printing an ascending triangle pattern. RSI is 57 - bullish. PVO may have one more leg up. Volume is high. Daily closing above MA200 would be adding to the bullish bias.
Buy now (0.000065)- target can be next...
Hi, my fellow crypto friends! Here I'm again bringing the power of Technical Analysis to the crypto community. I know you miss me for a little, but I'm back to the game! Fortunately!
Today we will see what possibilities is surrounding BINANCE:CDTETH.
So following the steps of my 4h chart you all can see that the downtrend channel had been broken in the 13 May...
CDTETH shows Gartley and Cypher pattern formation.
Both patterns leading to 0.00009022 eth.
This point refers to end of Cypher and last leg of Gartley pattern.
Gartley D completion leads to 0.00010479 eth and then pair may follow the 786 retracement of Gartley A-D leg.
CDT/ETH Bearish Cypher formation (15m)
Price to drop to nearly 0.00008283 eth
Then expected to rise to min X-C 78.6% retracement
First Level Profit - 38.2% - 0.00009665 eth
Second Level Profit - 61.8% - 0.00010458 eth
Last Level of Profit before change of trend - 78.6% - 0.00011022 eth
I bought CDT today at 0.00009100 and sold it at 0.00009700. The support lines are very strong and it didn't break out once. Looking at the volume in the last days, I foresee that CDT shall break the upper support line. After the first profit, I aim to buy back a bag of CDT at 0.00009150. I will aim for a 15% profit. The volume is key here. The decreasing trend was...