If you Smart, you Don't Buy OMG ! Hello my favorite traders ;)
I will be honest with you, BTC will keep going down for few days. You want to know what to buy ?
I will be honest again with you. Usually, when BTC drop, the alts drop too.
When BTC goes up, the alts goes up too. But, usually the alts gain more profit than BTC.
Thus, we will buy BTC at its lowest. After, we will buy alts.
I love beautiful big things. More than it's big and more than I like it. More than I have, more than I want.
For me, OMG it's too small. It does not make me vibrate. I want something bigger ;)
Personally, OMG is strong when BTC goes down because it haven't drop as much as the other alts.
But, when BTC will go up, OMG will not go up as much as the other alts and BTC.
So, if you smart, you don't buy OMG. You buy a others atls or hold BTC.
This week end, I studded alts. My analysis is perfect, like me ;).
When BTC goes down, You want to know what to buy? Add me on telegram ;)
Free: web.telegram.org
PRIVATE ROOM: write me privately here or my personal telegram : @JadeDD
ARC
Dax FiboArc TradingScale your view so that the orange circles intersect with the orange nodes (peak) and with the blue circles. You will notice the arcs act as a support for the waves.
I want to show my approach on how I look at declines after a rally. You can notice a resistance at those arcs. In this case, often the 4th down-move does break the circle towards the next one. Sometimes the circle is hit, sometimes the Fibo-Retracement.
In the short term we should be Long but once we reach the next Fibo-Arc it might be hard to have a quick recovery. Shall we break out of the circle more rapidly then this could be a short signal.
SL is the recent low. If we cross this then this is would be a bad sign as well.
CSIQ Neutral for next 14-30 daysA lot going on here. In synopsis:
Andrew Pitchforks (Large and mini) are showing sideways or downward trends.
Mini H/S showing signs of downward trends.
Fibonacci Support at 16.88, with resistance much higher around 20
Fib Arcs are conforming lower and upper resistance in next few days.
Action Reaction Method agreeing with potential Upward trend in the near future.
Predictions:
4/11: Upward gains up to 17.7 (+2.75%)
4/12-4/22: Swing up or Swing down (IMO: Down, with a potential rally from B to 4)
(MACD, RSI, and Stoch all confirm)