Long
The Fundamentals are STILL looking GREAT for REPBTC
I made entry right at the bottom at the end of the Selling Climax (SC). It's STILL not too late to get in on this one folks. SERIOUSLY!
I brought us to the 6h chart for a reason. LOOK how we FINALLY began going sideways on the Upper Accumulation Channel FOR QUITE A WHILE once we established Preliminary Support (PS) from the long cliff dive.
We then had a selling climax that found support at 0.00271609. Also, NOTE the BIG wick underneath the 6h candle to the left of the Selling Climax. Further indication WE HAVE SUPPORT.
It's only a matter of time before we go to the upside to AT LEAST [What will soon become] SUPPORT at the GREEN line in the upper Accumulation Channel to establish AR.
I've seen several times where we jump straight into a SPRING or EVEN AN UP THRUST without an AR then a Second Test (ST) near the red line for the upper Accumulation Channel. For example LOOK AT ETHBTC.
In my honest opinion, one does NOT want to miss out on this one.
Which means, PRICE DOWN PICK UP !!!!! youtube.com/watch?v=lEBP9dpVM70
I brought us to the 6h chart for a reason. LOOK how we FINALLY began going sideways on the Upper Accumulation Channel FOR QUITE A WHILE once we established Preliminary Support (PS) from the long cliff dive.
We then had a selling climax that found support at 0.00271609. Also, NOTE the BIG wick underneath the 6h candle to the left of the Selling Climax. Further indication WE HAVE SUPPORT.
It's only a matter of time before we go to the upside to AT LEAST [What will soon become] SUPPORT at the GREEN line in the upper Accumulation Channel to establish AR.
I've seen several times where we jump straight into a SPRING or EVEN AN UP THRUST without an AR then a Second Test (ST) near the red line for the upper Accumulation Channel. For example LOOK AT ETHBTC.
In my honest opinion, one does NOT want to miss out on this one.
Which means, PRICE DOWN PICK UP !!!!! youtube.com/watch?v=lEBP9dpVM70
Note
A look at the Daily:Note
Showing the Weekly to REINFORCE these trades I'm showing are LONG and take time to play out at times.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.