Although I still hodl some bags and with 10% balance at hand, I am still suffered whether I should put the rest into BTC and altcoins for short-term profit as well as long-term position.
I think it's not a good choice to action before the price break the converged triangle.
Right, I bet a little on long and expected to collect the profit near upper side of the...
You can see a converged triangle, two short-term top and bottom line, and fibonacci.
The top line and the bottom line are concided with fibonacci.
Just wait the price break either top or bottom line to show the next mid-term direction.
According to Fibonacci, at 0.618 position, 25.323, there could be a good support and rebounce.
Also, the price is as same as my mid-term Ichinoku clouds, watch ETC carefully when price arrives here!
For the past days, oil price has surged beyond many technical analyzers.
We can see a narrow channel is still stable with up trend.
Whenever the support trend line is broken, there must be a retracement or downtrend more than 0.5 dollars.
Let's see how oil price can give us surprise~
A conversion triangle occurs on XRP in mid-term, and there is a strong support at 0.23.
It is recommended to open a new position when the price breaks the conversion line.
If go down, make some profit at 0.23 or 0.22, and rebuy lower.
If go up, make a stop profit at the point 1-2% from the high.
Boring days may be finished, and what is your next step?