VFI positive recently found support on the EMA and above 200MA,should test target zone despite the low quality of mini H&S both in structure and due to lower timeframe of 2hours,patterns are greater indicators of future movement when they show on longer timeframes,last for a long time and have firmer structure.Price may retest support before heading up,note recent...
Trading in falling wedge pattern.
Possible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS
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It will be good to always understand risk involve in trading. Always...
BE careful with storm - potential is great for a few months hold - patience - I myself will be sure to babysit this one
- buy along the dotted black support now
- sell along each upper dotted black support/resistance line
- always make an exit plan both in profit and in loss
- be patient - may take a loss before you see profit
There was a beatiful cup and handle made with Storm - However the growth of Ether pushed it back down - Its time to re-buy and make gains
I expect it to continue its course and to continue growing mid - long term
If Storm/eth keeps following the lower trend line we'll see 25% rise quite soon. We'll see a similar event happening on BINANCE:STORMBTC. In the short term this 25% is very possible. Fundamentally Storm is heavily undervalued and should get to big ATHs during this next bull market. Great opportunity to outperform BITFINEX:ETHUSD which is still struggling in heavy...
using Madhatter Screener
Two Buy Out zones
618 retracement fight - focus on sell below 050 retracement. possible gain -> 4%. Rebuy above 786.
Good luck trading,
Someone's mad bc the based a trade on my last post on storm what an idiot. The majority of my charts are titled goldfish noob and such. I dont know what I'm doing, I just chart in hopes one day I will. I do know that if one were to follow my storm cup and handle chart, I would not be freaking out being all fud bc the pattern is still forming.... :)
A very nice cup and handle . If this pattern manifests into a breakout, I will sell and increase my position. Basically doing this with ncash and tron too.... just increasing positions until btc bounces back and we get rewarded for waiting this impending doom out