In my previous chart involving the ichimoku cloud i mentioned how bullish dent / eth pairing was looking. well now we have broken up out of the ascending triangle and can expect to retest the 1100 range. This is just how things go, when resistance breaks the market must come back down to retest the previous resistance area to ensure it has become support! This is...
Pair: Dent / ETH
The Tenkan Sen crossed above Kijun while above the Kumo. This is representation of a very strong bullish move! We are sitting above the cloud!
Entry: 42
SL: 39
Bias: Very bullish
If a second Green Renko Candle (Brick) completes, it may be time to long this for a 6-9% gain to the previous resistance. Exit trade on 2 candle break of trend or 3 depending on your appetite for risk.
Could provide heaps more profit if resistance is broken this time.
As soon as HOT passes 241 level it becomes more expensive than the 10sat BTC pair. This is significant in the sense that the smart traders will start buying up 10sat wall on the HOT/BTC pair instead of trading the ETH pairing. Once this major resistance that we've seen for some time now on the BTC pairing it opens the floodgates. I am bullish on this pair as the...
RSI looks to be reset as it has bounced off the midpoint since this uptrend started.But beware of the EMA cross over, it hasn't happened yet since this uptrend started so if it does cross it may indicate a correction on this pair will be starting at which point i will exit this trade.
chart is self explanatory, we are looking at a bounce off the 6600 area. Previous resistance recently became support and as you can see we have come down to test it. Expecting small bounce to 6750-6800 area. If we break 6800 decisively we can expect to see 7100-7200
