Bit concerned about RSI on 4 hr time frame but its reasonable on weekly charts.
will wait to open a position in xlm
Provided that alts get some space to grow i expect RCN to follow the above chart.
Strong support area can be seen in fractals Price is at the middle kelt of the fibobban
Btc short idea Yellow lines is to open the trades Red is stoploss Blue is the targets.
Btc is offering an opportunity to short it. I will add more positions around yellow lines and targets will be blue lines. Do share your opinion and follow me for more updates.
Open a long and add more position on a bounce from blue line. Red lines are the targets RSI is bullish on 45 min chart and reasonably low on higher time frame Stoploss below 110
i will open a trade on conformation of bounce from blue line with stoploss at redline. white lines are the targets.
Xrp is looking oversold and will try to test middle kelt of bbband. I expect some range bound side ways movements before the continuation of downtrend. Open a short after it fails to break the resistance at EMA 20.
I will wait for oil to retest the middle kelt support along with some cooling off on RSI. As of now i am neutral but will like to open a long once both of the conditions get validated.
Lower support line would be the target for shorts but i will avoid it for now and will wait for much clear signals.
Amzn is offering a good opportunity to short trade and should be testing the middle kelt within a week. Ideally i will wait and open the short from $1860. Do share your inputs.
BB Bands and Rsi with both showing positive indicators. I would expect it to test middle kelt in coming days.