We should see a heathy correction there. This head and shoulder is now clear so we can expect to hit 11,5K minimum.
We can expect something quilck and painless as it will be back in blink at old highs.
Hold do not need try to trade this correction...
TA & fondamentals are looking great... Pretty sure NLG will be doing extremely well these next weeks...
This downtrade will certainly be broken and will then see a major increase in the value...
Moreover Gulden will be announcing its biggest update ever. An update they have been working on these 2 last years. So we can clearly expect something big.
1 week candles showing the very strong up trend that started a long long time ago.
However it could, very soon, go and retest this uptrend => 7500 aprox... I would then expect a retrace.
Whatever happens it is important to keep an eye on these two trend lines and be careful when they approach.
What zone do you expect ?
1- Back to ATH ?
Nice ascending triangle formation.
Could go both way either trendline will resist or not..
if uptrend expect 2989
If downdrend :
At 2682/2634 range
if is brokren back to 2424
Stratis is going high...
Since it has break the trend line I was expecting a retrace before the breakout. Has it often does.
The retrace has occured and the chart is now showing a strong uptrend movement. It is possible that we see stratis going retest this new trend line. However I am clearly holding and buying more Stratis has it approach new trend line. It is...
I pretty much can see 2 scenarios possible :
- First one it breaks 2400 resistance & trendline then a short pull back before ATH.
- Second one it stay steady until segwit in this triangle
formation before breaking it and once again going towards ATH. I guess it could go
sideway for a few days.
Is a scenario where the BTC go back to 1900 and break
Nice cup & handle formation.
Expecting BTC to retrace and LTC going the other way.
As it often does.
Nice doji on this latest candle that could mean inversion of the latest tendency....
Time to go long with a stop loss around 0,0175...