XMR is in a bullish price channel and it looks like a good opportunity to make some profits. This should happen within 2 weeks time. If we fall below the channel support line, then you might want to sell.
Remember to use your own judgment when trading.
Target: > 0.0350
Lets keep en eye on Ardor and set your alerts at "crossing below" 4400 sats! There's plenty of time and this coin will accumulate sideways for a while before going onto a new wave cycle.
TP 1: 5,700
TP 2: 9,100
TP 3: 12,000
TP 4: 14,000
*This trade idea is just for entertainment, and not intended as financial advice. Use your own judgment when trading.*
This is a good trade opportunity because Bitshares is an awesome project AND because we're at the beginning of wave 3, you can enter now or wait for a retracement anywhere between 3600-4400.
This is just a trade idea, use your own judgement when trading.
SL: Not needed
XLM broke out of the resistance created by a contracting triangle (complex wave 4). XLM will reach at-least 7300 before going back around current levels. I believe that XLM is on wave 1 of a much larger bull cycle. The future looks good for XLM.
We have completed a typical 5 wave pattern, now we should see an ABC correction which would end near wave 4, or lower. If we go lower then you need to wait for a new cycle. It it stops near wave 3/4 then this is a continuation of a larger bullish trend in the future.
I'm bearish on RDD because we have seen this pattern before and history tends to repeat itself. I would not be holding onto RDD unless you can wait for months until it comes back up. Both MACD and Stoch indicate a bearish trend. It could take up to 6 months for a trend reversal.
NXT is a good project and we have seen it move like this a few times. History tends to repeat itself. If we go below 1800, I will be laddering in. This is not a trade yet. Get in near the entry point. If/when it happens.
EOS is on a bullish trend supported by the C&H formation but also because we might be in a new cycle (towards wave 3). This post is for entertainment purposes only, Follow your own judgment when investing.
Target 1: 182,978
Target 2: 345,329
Target 3: 426,943
This is what I see bitcoin potentially doing against the dollar in the next two years or so. There still is room down for the wave 2 correction, if we break below $10k, then we might correct as low as $8k and bounce from there.
Support in blue / targets in green.