Following the break of $7 and a new weekly high it is time to consider new targets.
Looking left on the above weekly chart the targets with he most confluence that I can identify are shown in the traffic like colours, with $150 being the most conservative. 10-15x from here depending on which exchange you look at!
Is there anything else to support such a large...
This was not the easiest one to do so I converted to line and I think I've got it possibly, If I'm right we should make a new high and likely touch our trend line with wave 5 which would be a sell signal.
I've been watching iExec RLC for a little bit now and I think this could be the start of a good uptrend! Broke out of the small downward channel and has plenty of room to grow on the RSI. With an all time high of 15, i think a long position on RLC wouldn't be a bad idea.
Happy trading everyone!!
(not to be used as financial advice, you know! lol)
RLC bringing a 2.30% return in 2 days from a 5.5 preliminary entry I took on 9/2.
Prognosis: RLC's PA has bifurcated from the 1.0% sending it up to 1.272 in its quest to make me $$$. Volume could be more impressive, but it's not what I'd consider a high-energy markup; it's more of a slow drive up an ascending channel. I'll just let it do its thing and keep taking...
A BULLISH CUP AND HANDLE IN THE MAKING! LONG TERM TREND. This will play out in the coming years, not this year. But right now (or wait on the last correction) is the best time to invest in this project!
Cup and Handle - is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long.
BREAKOUT IS MEASURED BY THE DEPTH OF...
After breaking the descending triangle and making it above the crucial $5.7 level it should see the targets pointed out on the chart. All of this is depending on BTC, as we all know. Your entry would be the retest of $5.7 as support with your SL being the recent low. As long as Bitcoin stay stable or uptrends we should see these targets hit relatively quick. With...