Holding this value range good. Also above weekly open and holding so far.
I have positions lower here but also entering here on this pullback.
Ideal trade flow here is wave above 200ema. Then maybe a short value range there and retest of 200ema price range. From there wave to the last high inflection point.
Looking for a pull back this week that is support by volume and matching price action. Projection break of 200ema and retest of that and staying above. Various signals are painting long as shown on charts.
Seeing early signs that TRX has hit a bottom and might be doing 2 things here. Creating a new value range of trading or getting set to wave up to next VC. Good sign is stopping price action at key VC area here on chart.
Already have positions.
This is still on watchlist even with the large sell off. Looking to see if channel is created at current price levels or a test of projected channel to the downside. Either way watching volume flow and key price action swings to potentially DCA in here for longer term trade.
There are no signals other than holding the lows and fundamental analysis to buy here. Still DCA in on long term 12-36 month positions here. This is solely based on our own fundamental view of AION.
Look for potential hold up on fast EMAs as well as maybe a double bottom below.
Could a 3rd wave be in store for AGI? Matches slightly with measured moves. I do EL waves different than traditional ways. I go from VC or value range to value range. As long as volume and price action matches. I do buy into the the 3 wave moves as I tend to see these hold up across all markets I trade.
As long as daily stays above 100 & 200 EMA as well as my custom super guppy indicator paints long this is worth a trade on all retraces on lower timeframes.
Watch or would like to see 100 EMA cross 200 EMA and stay above with both up trending for confirmation of strength. Also watching volume all retraces.
Full disclosure, already have positions in EOS and will...
Here's a scenario I can see unfolding in the next couple of weeks/months on BTC.
Basically ranging but clear bull bias to the upside. With a liquidity play on LONG bias traders in the 2 red boxes.
Ultimately I think from the lower level it will recover quickly but is the last shake retail weak traders out who went long in those red box ranges.
If this unfolds...