Some takaways on DOCK token: - DOCK price is way below its ICO price - Automated bot trading intenstively on DOCK due to its low satoshi value - Volume zone lean toward bull case (see the Volume zone indicator chart analysis above) - Weekly volume traded on Binance is far beyond their supply coins, so basically, it's about time to move either up or down...
I got out all position around 150 - 170 because of the volume osc does not support RSI (possible top imo). It means that price going too high relatively compared to volume. There are 3 scenerio here: 1/ Retest nearest support 130 - 132, it is retesting now as im writing this. If it holds, expect the price to break out of the green box 2/ Retest support of triangle...
Bottom is forming. Or at least really near, my call last time for ICX was longterm accumulating sub 1000sts still intact, here are some strong signs of bottom accumulation (yet still only 80%, the other 20% is BTC price which wont show in ICX chart ofcourse) - Volume zone accumulation with clear spring test back in August. (See volume zone chart) - RSI also...
Volume at this price range (600-700) is gradually picking up, early signs of bottom forming are: - Volume at this price range (600 - 700) accumulating enough, demand is enough to absorb all supply - Volatility in all time frame is at all time low, last time we saw this was 14/Mar when the price explode 1 - 5 days later - The whole altcoins market is savagely...
Before going to details I wanna talk abit about how supply and demand works any market. There are shortterm and longterm trader in different timeframe. Market price is made up by these shortterm and longterm forces. You need to recognize the recent market movement is caused by shortterm or longterm traders. Make it simple: - Supply > demand: basically, market...
Shortterm trade due to this good bounce: Action on shorterm: Entry: 1270s Target 1: 1760s (resistance on weekly TD sequencial) Target 2: 1980s (abit lower than lowest point of March monthly candle) R multiple: 2.5s + (100 USD betting get 250+ USD) Longterm trade: Starting to accumulate ICX in longterm (for the next bull run in 2 - 3 year), some catalyst - The...
Good entry for AMB, great risk/reward ratio: Entry: 2400 - 2500 satoshi Cutloss : -10% Target 1: 2900 (15%) Target 2: 3300 (30%) Target 3: 3700 (46%) Signal on 4 hour chart or below: - Close outside upper bollinger band --> strong buy - MA9 cut MA20 --> medium buy - Horizontal one year support at around 2300 --> Good r/r ratio --> strong buy - RSI divergence...