This analysis is only for day trading .
Entry: $6.66
Take Profit: $7.05
In the 4 hour time frame, BAND is bouncing back off 50 day MA which is a good sign of reversal as you can see form the previous candles. If the current candle closes in green, we'll have a good opportunity to open a short term trade here.
NOTE: This is not a financial advice. DYOR
Looking at the chart here COMP is likely to go on a strong uptrend IF it closes the daily candle above $110.
MACD and RSI are also providing lots of space to run.
I can only see it going upwards from here if it close above $110.
SL at 104.
Note: DYOR before investing.
Ethereum is just preparing a launchpad here for a hell of a bull run .. We've been in ascending triangle for a very long time now and also the Fibonacci level is around 470, so that's bare minimum ETH is going to touch.
If it breaks above it, next resistance could be around 670.
Note: DYOR before opening a trade.
Bluzelle is in a very strong position to open a long here. It has just bounced back off a very strong support and sitting just near 20 MA. It can possibly go and test the resistance.
TP: 0.115
NOTE: Not a guaranteed outcome, DYOR before Investing.
In my previous chart, I correctly predicted ETH long from $335 to $370-$380 and I am still long on ETH.
$363- Long
Take profit - If you want to play safe put it at $480, else let it go till $700.
TOMO is in a very good position right now, I would say it's a BUY opportunity and while 20 MA may hold it for once this is going to test the top of Triangle at around $1.00. Even if it goes little downwards from here, there is a strong support which will again push upwards.
BUY- 0.73
TP- 1.00
AVERAGE OUT PRICE- 0.60
Normally, we see the price break above or break down at around 80% in the pattern and we're almost there. As you can see ETH failed to break the 20 day MA and we're stuck inside this pattern for some time now. It is not breaking the 310 support level and if we go there, I think it will bounce back to test the resistance level at around 370.
