Trading strategy:
hold half until bitcoin reaches resistance over 9.5k. as 4hour rsi is currently very high and the initial euphoria wave has passed i plan to place sells around 43k sats and rebuy lower to increase my position.
Icon has been one of the most hyped coins of late and has a similar feel to antshares before re branding into neo last summer.
having...
BTC has bounced nicely from a higher low and broken the linear downtrend on my graph once again. Unfortunately there are many ways to plot the current correction/bear reversal which do not all indicate a bullish breakout yet and this linear resistance has previously been broken and fallen back through showing that uncertainty and fear still weigh strongly after...
ethbtc is currently at the base of long term log channel
I would expect this should hold as support is likely here and we are also sitting above support on ethusd chart.
price is currently sitting at previous all time high after breakout and retest of ascending triangle.
i expect more upmoves from here now we have recharged and sit over support from previous ath and previous resistance
currently in bearish channel down from ath. i consider this coin to be undervalued based on fundamentals and fomo value despite strong growth.
i expect the correction is likely to compete as shown bouncing at previous ath into next bull run.
