This is a long term trade and it's based on a trend reversal signal. The price is going to break SMA100 and it gives us a new trading opportunity. We can use the local high as a level for placing pending orders for buy. MACD lines and DMI confirm upward movement. But in short term we can see downward movement to the uptrend line. RSI confirms price reversal and it gives a bearish signal. If the market can stay above the uptrend line and bounce from it, we'll have confirmation of a new uptrend. Entry level is 0.000880 with stop orders below the support at 0.000360 level. Profit targets are 0.002500 and 0.004200 resistance levels.
Hey bro, There is blood on all altcoins For 7H now after the bitcoin hurry rise. My question: are we gonna saw more blood than now in the next hours days, in this case i have to sold stratis.
jbotos
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@CreedDinos, Are we going to see more blood then now in the next few hours, in this case I have to sell stratis.
CarSV
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These analysis are useless considering the current situation of cryptomarkets (all red) no coin will bounce back till BTC does ........
sbounder
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@tradecrypto132, Which is why it's a long term trade.
CarSV
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@sbounder, I know risky trades though ..... but high risk to know the perfect entry point... but also high return to lol. I hope a signal for entering the market comes soon
estewe
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@tradecrypto132, Try to learn TA.
CarSV
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@estewe, dude TA sometimes is useless in crypto markets (sometimes) haven't you seen that in all these years.....its level of accuracy in these markets might be lower than applied to any other market even a 8 y.o kid knows that .. but sure .... ;).
estewe
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@tradecrypto132, IMHO the chart contains everything you need. But it is ok, you are a good boy. Considering the current situation of cryptomarkets (ALL GREEN!!!!!!), you can feel safe to enter now. Don't panic, traffic lights are green, and now you can cross the street without the risk of an accident.
estewe
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@tradecrypto132, and, "the signal for entering the market" which you still not recognized for sure, was already given by Mr. Lavrov in his post.
"Entry level is 0.000880 with stop orders below the support at 0.000360 level. Profit targets are 0.002500 and 0.004200 resistance levels"
An 8 y.o kid would be able to notice that, btw.
Never discuss with Idiots. They drag you down to their level an beat you with experience. Damn true. But I escaped.