Demand zones + F lvls = potential reversal points waiting for positive sounds about Chinese regulatory dont talk about targets yet
Potential reversal points: buy near this points, confirmed by rising candles formation
Time to Fix profit? Potential Elliot pattern correction.
Price near strong support and brokeout traingle ressistance
Price consolidating in traingle after strong rising impulse Waiting for continue rising Need breakout traingle's ressistance to confirm rising
Good opportunity to buy use Supply zone as target
Need breakout traingle's ressistance to confirm rise Good coin to buy&HODL
After brokeout of ressistance, looking for rise of XVG with potential correction to Demand zone use as target Supply zone on the top of chart
Next target - 1.618 Fibo ext.
brokeout the ressistance which became support and tested it. Now price formed reversal pattern. So, waiting for rise: 0.382 and 0.618 - potential reverse points.(For confirm reverse, need some rising movement of candles)
ETC near potential reversal points 1st - 0.786 F lvl + reversal wedge pattern 2nd - Strong support area + 0.786 F lvl(Fibo from all price range)
Price formed good pattern for buy: brokeout of ressistance x2 and now reversal wedge So, looking for rise, use 1,272 lvl F ext. as target
If NEM breakout traingle_ressistance looking for rise, use Supply zones as targets
Strat brokeout strong support, so looking for fall Demand zones - potential reversal points
Price brokeout the ressistance. Looking for rise to 0.382 F lvl before Supply zone
BitShares going standart scenario - now we have reversal pattern Will reverse from 0.886 F lvl (or 1 F lvl) + Demand zones Breakout of ressistance will confirm reverse Use 0.618 F lvl as target