Wicking a higher low on the 12H makes for good r/r for a potential retest of the downtrend line above. Target : $3950 Take Profit : $3720 Stop Loss : $3440
Breaking above the horizontal resistance at 6640 could push us to the highlighted resistance. Happy hunting!
With alts being suppressed by the bullish move in BTC, OmiseGO has held up very nice and seems to be forming a bullish Cup and Handle formation. Entry at break of 180k, take profit in green zone. Happy Hunting! Nox This is not financial advise.
After the incredible run in LTC a few days ago we have seen price consolidating within a falling wedge. A breakout of the falling wedge could trigger another major run. Enter at the break of the wedge, take profit in green zone. Happy Hunting! Nox This is not financial advice
After consolidating for a few hours BTC/USD has broken out of the beautiful triangle pattern on convincing volume keeping the bullish momentum alive. Judging by the velocity and volume in BTC I have put the target at the 2.618 fib at 13k which is also the 0.5 fib of the move from 20k to 6k. Happy hunting! Nox This is not financial advise.
Bounce of the 1H cloud support into an edge to edge cloud trade on the 4H chart. Good risk reward ratio in a volatile coin anticipating Citibank catalyst. Stop loss will be moved up as the trade progresses. My Ichimoku Cloud settings differ from the standard settings and should be taken into consideration. I am an amateur in TA and my analysis should not be...
Bullish sentiment in the market short term. Cloud breakout, good risk reward.