MACD WOUND UP FOR BREAKOUT DYOR JUST AN IDEA AS ALWAYS :P
Ready for a nice leg up boys! Wouldn't you reckon?!?!
Hello everyone! Today we are focusing on the daily chart using the MACD we can see that a larger drop is still yet to play out or to come in the very near future. This looks like its would take us down to 8,000 - 7,000 levels before creating a giant sling shot of divergence which will then catapult us into our next big break out continuing the new bull market....
As we can see the macd shows a new price movement is coming or almost upon us. I believe it should be a kick to upside because of the way everyone's so negative and we have seen this time and time again recently as we "range." One day BTC is at 9200's then drops 9000's and the technicals show a big drop overdue on higher timeframes... Then we sit before the drop...
THIS IS JUST AN IDEA DEF NOT TRADING INFORMATION BUT PRACTICING. . . My reason(s) 1. MACD looks weak as hell on the bull side. 2. In a bull run don't ness. have to go down. 3. (most important) Exchanges will make more money wrecking the shorts leverage! Just look at how its stacking up now as we speak... I SEE A BOUNCE!!! TO DA MOON AND BACK, ARU OF PATRIOT CRYPTO
Already has pumped 76% in 7 days but whos counting :P. I feel like there is some driving force of adoption or partnership I'm not seeing but with the way this baby skips across the 50 EMA all the time. I can't help but wonder if this graph shows this WOUND UP yet again. I am going to place a small wager with stop loss because I believe its ready to fire one more...
I was in at 40 cents but still more coming!!!
I would say another 5% to 8% left until it either rejects or goes on another tear. Will keep you posted!!! Sorry for late publish! Aru of Patriot Crypto
It is true that Dentcoin team just sold/dumped another 250,000,000 into the market that they claim are "needed." However we do have a moment where conditions could be right for a short pump before a further down trend. I just am not sure with this coin and I hesitate to even post them. Remember this is just a practice idea, hope it turns out well and DYOR thank...
Seems like the 2 Hr says we have a little upwards movement coming, lets see what happens!!! Just an idea, Aru of Patriot Crypto
Hello I see that the MACD may say a downside is coming, however it also looks to be winding up for break out. It makes me wonder if this is the start to the bull run due to the altcoins pumping while BTC ranges which is what it does before a HUGE TARE!!! Also it would make sense because the price has been suppressed for SOOOOO LONNNNGGGG. The only part I see as a...
1. BTC NEEDS TO STAY RANGING AND/OR RISING 2. BROKE 200 EMA LOOKING BULLISH 3. A COIN THAT SOLVES THE SCALABILITY ISSUES OF MOST CRYPTOS. THIS COULD HAVE BULLISH CONNOTATIONS DURING A BULL RUN / SO NATURALLY IT WOULD BE A FUN COIN TO THROW $250 - $500 AT AND FORGET ABOUT IT UNTIL BULL RUN KICKS OFF. HOWEVER IT COULD SPIKES SOON AND YOU COULD TAKE DOUBLE OR MORE IF...
I have decided to chart breakouts of coins I hold for practice, maybe by watching you will learn something too. Please like if you find this entertaining or helpful. Without further ado lets dive in...
They have already claimed over 50 million $$$ in profit from loans and distribute 30% of that to it's token holders. This incentive and backing of insurance on deposits will make this a monster during the next bull run. ALSO keep in mind this is on sexy WEEKLY chart. GOING LONG BABY!!! PS - OR JUST BUY AND HODL!!! Aru
Results Thus Far: 1 - +2.5% Stop loss triggered 2 - To Be Determined Hello everyone! Today we are on Beam/BTC, looking at a nice MACD. To be honest I found it on Binance phone app, but obviously it doesn't get this level of clarity we see here. We will set stop losses before break out and after to catch/contain profit. I am very excited! LETS SEE WHAT...
Curious to see if a new configuration will lead to better lower timeframe (4hr) results. No targets for now, however moving up stop loss once break out begins. More or less just recording data and seeing if I can catch MACD breakouts. Im used to working with daily and weekly FYI ARU "STOP LOSSES PEOPLE!!!"