Gidaeon

Gidaeon

Things are certainly looking up. We've broken to the upside on the downward channel from the dump a few days ago. We've got pretty clear waves 1-4 where 1 and 4 are overlapping by just a wick (ok in a highly leveraged market). Expecting heavy resistance at 556 which is not only a strong resistance/support from before the drop, but lines up nicely with 1.0 fib...

Gidaeon

Looks like we might finally be breaking out of the downward channel, and to the upside even. I'd like to see a convincing close on this 2 hr candle though, preferably with a bit more volume before entering back in.

Gidaeon

The pattern is pretty clear but if $NCASH can't break above the 480 resistance with conviction expect another potential breakdown. There are plenty of key resistance points we need to move past including closing above the 55 hourly EMA.

Gidaeon

Complete newbie but would appreciate feedback!