on the one day candlestick chart you can see the momentum indicator did cross the zero line like it may have been a trend reversal. There has been a lot of positive stuff about crypto in the news the past few days and, while literally the day before I believed it was going to be in a bear market for at least the next three years, bitcoin you son of a bitch! you...
Still very new, this in all seriousness is paper trading in a way i can keep track of.. from the looks of this this is still strong but is way oversold and will have to go back down. if it stays above the support line it should be good to buy.. the top of the last candlestick does seem like a realistic goal tho.
So I would love love LOVE to know who might have known to have this in the radar. It looks like a few days ago it shot up and then fell back down almost to the fibonacci line then shot back up. Who had this on their radar? Who knows how to know what stock is going to do this in a few days when one shoots up? Fuck, idk, just keep an eye on all stocks that move...
if the macd says to buy sometime in the next few hours it might be worth looking into.
I'd say plan to sell some at the first think pink line and some at the next.. fairly certain it will go up but keep an eye on it and have stop losses set
Very confident long, stop loss below support would be smart but this is the only one im confident enough in to actually buy today :p
it did just pass over the trend line, but the strength index is still very low. The macd did just cross over tho and the other one is heading in the crossing over direction. I will keep an eye on it the next day or two and see if it looks promising.
I just learned how to use trend lines and this is what i found :p
the positive DI is significantly higher than the negative, and the strength index says it is strong. I plan to buy within the next couple days if it bounces off the trend line again
In the book I'm reading it says you should always keep a log of what you've traded so you can learn from them, and here I'm going to actually publish the idea on two separate currencies. POE and MANA, as they both passed the same screener test. And I'm going to educate any who care to follow me on what screener settings to use to find possible breakouts, but only...
Neo is testing the 61.80% line again, represented by red, coinciding with the macd about to cross over and the RSI saying it is on the lower end of the spectrum, it will most certainly probably go up within the next couple hours. Btw, if anyone knows any good user friendly indicators on here to graph fibonacci so i dont have to just go to binance record the level...
An ascending wedge has formed, and the macd has crossed over to the positive side, fibonacci 50% level is at 13.35, if it finds support there I believe that is confirmation that it is to stick. I would not buy until it reaches 14.03, because that is number one where trading view says the fibonacci resistance point it (still not sure what that means) but more...
This may be a little late for new people wanting to get in on this, but it looks like NEO is about to make a break to the next fibonacci level very soon. Volume is lower than the last big candle and new candle is higher, and the bands have not indicated this up trend to end any time soon. I believe it will continue up until the macd crosses down. I believe NEO...
On a daily chart read it looks like the storm is over. I am a beginner at this but I've been keeping up with what the big dogs have been saying and it seems they don't really know what to make of the chart recently so I might as well put my hat in the ring. By following the trend line from its inception it looks as though we have just finished an elliot wave cycle...