This is a pullback to the previous top (buy limit), stop under the relative bottom, target price is 6.80880. We can see the reverse of the short trend. Fundamental support: PBOC withdraws liquidity.
The title says it all. Looking for a short term reversal here, based on being oversold with divergence as well as at the top of the bolinger band. Divergence could be more pronounced and still has the risk of being early but looks like a decent setup.
Trading (DLT) RISK: Very High Agrello is a plug-in platform with an Agrello interface that allows users to create and manage agreements based on smart contracts that are legally binding, like traditional contracts. Exchanges:Binance, Mercatox, HitBTC, YoBit Volume : 24h Binance:DLT/BTC $6,769,194 ICO Info: ICO Start :14 Jul 2017 ICO End :14 Aug...
Quite a few things going on within this chart, but what I'm trying to convey is actually very simple. The chart is based off a few key models which have been used with tremendous accuracy for over a century. Model 1) Bear markets will usually last about 18 months in duration. Model 2) Bear markets will usually last about 1/3 as long as the previous bull....
Working on a new REVERSAL indicator … Almost every signal of the "MM-Reversal-King" was right. 11 out of 12 is not that bad.