cmuhtadee

cmuhtadee May 13, 2019

Price is at resistance and may bounce down following the channel. Also supported by fibonacci retracement. Price hit all time high and may start it's downtrend.

cmuhtadee May 11, 2019

Price will most likely follow the channel and break through the consolidation zone.

cmuhtadee May 11, 2019

Price can either break through the trend line or bounce at support first before breaking the trend line. Overall good opportunity for a long term buy.

cmuhtadee May 11, 2019

If price goes down to the entry point there will be a ride down as it would successfully retest off the previous support zone which would then become a resistance and drop down.

cmuhtadee May 11, 2019

Price bounced on support zone and broke through resistance. I see it going up until it touches the trend line and if it breaks that it will have a break through.

cmuhtadee May 11, 2019

Price may bounce up to test resistance and then drop or just break through the support zone for a major sell opportunity.

cmuhtadee May 11, 2019

Price broke old support and became resistance zone. A double top formation also formed on 1D timeframe. High risk to reward ratio for a potential rally down.

cmuhtadee May 11, 2019

Price got rejected by major support zone and formed a huge wick showing rejection. Great entry for a long term buy.

cmuhtadee May 11, 2019

Price was rejected by major resistance and also broke trend line. Major break through.

cmuhtadee May 11, 2019

Price struggled at major resistance and is following trend line.

cmuhtadee May 11, 2019

The price is at major resistance as well as will follow trend line.