Looking for a new GEM 8 ( shit coin in crypto )Chart speaks itself! Less is More!
Nothing to say here. I got my bag and waiting for it.
Avoid going long below the last support level that built in Nov 2016.
It was the time when I Joined the crypto.
For a safe trade, You can wait 1D Chart open-close above 0.0055 !
What I really want to say is that ;
A Harvard professor once asked his students to do a special report on fish. His scholars went to the library, read books about fish, and then wrote their expositions. But after turning in their papers, the students were shocked when the professor tore them up and threw the min the waste basket.
When they asked him what was wrong with the reports, the professor said, “If you want to learn anything about fish, sit in front of a fish bowl and look at fish.” He made his students sit and watch fish for hours.
Then they re-wrote their assignment solely on their observations of the objects themselves. Being a student of the market is like being a student in this professor’s class: if you want to learn about the crypto market, you must observe and study the major indexes carefully.
In doing so, you’ll come to recognize when the daily market averages are changing at key turning points—such as major market tops and bottoms—and learn to capitalize on this with real knowledge and confidence.
TRADE SMART!
Gridcoinbtc
A trading opportunity to buy in GRCBTCTechnical analysis:
. Gridcoin/Bitcoin is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00000341 to 0.00000237). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00000341)
Ending of entry zone (0.00000237)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00000415
TP2= @ 0.00000480
TP3= @ 0.0000059
TP4= @ 0.0000066
TP5= @ 0.0000077
TP6= @ 0.0000090
TP7= @ 0.0000105
TP8= @ 0.0000119
TP9= @ 0.0000139
TP10= @ 0.0000189
TP11= Free
