The price approaches the upper boundary of the downward channel and breaks the downtrend line. The price forms a triangle. The bullish divergence on 4h tf gives us a signal to buy. Place your stop orders above the triangle - 0.1386 Stop-loss - 0.13 Set your own risk
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Triangle was wrong, but the channel and downtrend line is still relevant. New levels: buy - 0.14 sl - 0.13
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After a long consolidation, the price leaves the channel. Good movement. Buy order activated at 0.14
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I'm trying to catch a good position for a big long with a max target of 0.386 or more. The nearest target for 1-2 days is 0.153 ... 0.154. Now very much depends on how bitcoin will cope with the resistance of 7800.
In 20 days there will be an airdrop for nxt holders - metrodex.org/ This should stimulate price growth.
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Now we can move our stop-loss @ 0.135. If we want.
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I feel uncomfortable in this setup. I colse my position.
Volume is not increasing much. how much time do you see to rech targets, BTW please tell what targets you are looking. Thanks man for your wonderful work. keep it up