Good exposure on TSX for cryptoGalaxy digital could be good traditionally traded stock with exposure on crypto, not only Bitcoin.
Galaxy
Galaxy Ent (Short)Trend : Bullish intact
Formation : Double Top + Rising Wedge (Bearish Combination TA)
RSI : Unhealthy
Resistance at : ~ 62
TP 1 :60.5
TP 2 : 58
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Quotes "The key to trading success is emotional discipline"
ASX: Galaxy ResourcesFactors
1. Price has broken out of the recent ST downtrend (22/05/19 - 02/01/20)
2. There is a bullish candlestick printed with decent volume where price broke the recent downtrend (02/01/20)
3. Price made a higher low of 84c (06/12/19)
4. There is a gap at $1.29 which I would be looking to target.
Possible Reasons For Failure
1. Momentum may fade and continue downwards.
2. 13/48 EMA doesn't crossover, however it is slowly converging
LUNBTC once more a great buying opportunity 200-500% ProfitsBINANCE:LUNBTC
LUNBTC spikes a lot. If you want to get into this great project, this is a good time to enter. (Not a financial advice)
Check out the long term trend of a nice parabola of the base. The height of the spikes in a nice triangle. We have broken that triangle with current movement.
The volume is climbing up and in a days to weeks this project for release of Supernova, Nebula, Starlight and Galaxy coming up each quarter of this year, makes it a great buy for flipping or long term holding.
Good luck
onward and upwardsGap up on the 8th of Decemeber closed out and a fakeout of the channel to 46c... up we go from here.
Today we will close above 46.5c within the current rising channel.
Solid last chance buying opportunity here in the old area of consolidation my friends.
note the brown trendline from the april to june highs matching up perfectly with current trend and cup pattern estimate