Nappi-Trade

Nappi-Trade

After a huge rally and retracement Elrond looks to be consolidating. we see a range forming between $125 ~ $165.

Nappi-Trade

Buy: - $235 ~ $240 TP: - $370 SL: - $210

Nappi-Trade

Taking a deeper look we see that BSV has been a a range for a bout a year and looks to be ready to break out. now we need to wait for it to form support @ $240. if the support does not hold then we can expect it price to continue the range. this next couple of days is very crucial in determining what the potential price action will be. look for a clear support to...

Nappi-Trade

This is a a birds eye view look at Bitcoin BSV. We can see a clean pattern (channel). it looks like you get a month of high upward price action followed with several months of retracements within the channel. it looks like we are in that month of high upward price action. one thing to note is that the channel was formed during a bear market which means that price...

Nappi-Trade

This is a potential trade on the 4 hour time frame with great risk to reward. the price action is expected to follow the channel and eventually break it on its way to the $1700. We've already have our correction away from the channel so we should be a little more at easy with this ride

Nappi-Trade

it looks like BCHUSD is set to get back to it's all time high but there will be some stops along the way. After several months of consolidation it looks like another one of the sleeping giants is ready to take off. you should definitely be keeping an eye on this. For medium term look to take profit at $1700 level. this is a great support résistance level to watch....