TKS has tested the SS B (support line) twice yesterday and the chikou span is above the kumo (the cloud). From my analyses, prices are heading towards the kijun sen (9532) for a more 30% PP.
Intermediate targets are given by the different horizontal lines.
TKSBTC are close to the upward line for down channel
also above last History line of price movement at the chart
Have good rate to create a new bottom
but we can saw oversold since a long time and price reaction is good but quite bit from this levels
As Risk Assessment, this signal have low-risk high reward, with this signs of the chart, not very...
On a day chart we have uptrend but there can be formed H&S pattern which will indicate the reverse of the trend and further price decrease
We recommend to track this coin carefully if you invested in it. If H&S confirms there will be downtrend after which will be significant growth in case of breakout.
Looking for short term target to the Fib 161.8% extension on this pump and dump alert. No value in this trade other than a quick buck so don't get caught holding the bag! Never trade money that you can afford to loose and as always plan your trade and trade your plan!
This coin chart is very different from the rest of altcoins. I marked channel and it is very obvious that the coin is trading in between theses two levels(yellowish rectangle).
It is quite possible that the coin will reach highest high again in some time unless the channel will be broken and down trend will occur. I marked double bottom as well.
I think SL...