I have been watching and drawing in tend lines over various periods of time and have come to the conclusion of should the current line hold, it could result in a push up to 15.17/8 and a break though there could result in a possible push up to 16. I personally am looking at a long position with a fairly tight stop loss. This is not trading advice, just my own idea.
Hello all, this is more of a question than an analysis, after having a clean break of the trendline, and having multiple short retest on the 30m chart, if it hold would it be looking at a good buy opportunity? Any sources of good information (learning materials) would be appreciated. Hope everyone is enjoying their trading
Hello all, just a follow up of my idea yesterday, on the four hour chart. So I believe that we are looking at a retest to confirm the break out and a potential long buy. Any pointers or sources of good educational information I would love to hear about them in the comments
I am still very new to the trading world, being based in South Africa I feel trading USD/ZAR makes sense, any pointers or advice on learning materials is welcomed. My idea is that now it has broken the downward trend, there will be a retest(and possible buy opportunity)to confirm and then the start of a new upward trend, all of which varies on many other external...
I believe we are looking at the beginning of a rise to test the .40 mark. I am still new to the world of crypto and even more so to trading so I welcome any pointers and/or good sources of information. Peace🙃