FOR NOW, the lines above are: Horizontal- support, resistance lines. Uptrend- long term uptrend line. Downtrend- the appears to be a new downtrend line to watch. ( The shorter the trend the less weight it holds.) The arrows are top, MA Cross line in chart.
The bottom is volume going down and RDI going down. Both are bearish and I won't go long until they change. We all know these things can pop hard and fast up or down but I am aiming the the lower FIB line of support to enter in the lower 7's. 0.0000719 looks good and is near the .786 fib line.
This analysis is descriptive, so I am just saying what has happened and what I will do. I have no idea when the bull rum for this will happen but I do think it moves great.
Descriptive Analytics, which use data aggregation and data mining to provide insight into the past and answer: “What has happened?”
If BCPT runs higher on volume and breaks out above fib line and wall of resistance above 8900 then the thesis changes and I buy and go for the ride with a TIGHT STOP LIMIT ORDER!
The bottom is volume going down and RDI going down. Both are bearish and I won't go long until they change. We all know these things can pop hard and fast up or down but I am aiming the the lower FIB line of support to enter in the lower 7's. 0.0000719 looks good and is near the .786 fib line.
This analysis is descriptive, so I am just saying what has happened and what I will do. I have no idea when the bull rum for this will happen but I do think it moves great.
Descriptive Analytics, which use data aggregation and data mining to provide insight into the past and answer: “What has happened?”
If BCPT runs higher on volume and breaks out above fib line and wall of resistance above 8900 then the thesis changes and I buy and go for the ride with a TIGHT STOP LIMIT ORDER!
تعليق:
Sorry this is the SHORT TERM RESISTANCE LINE. The LONG TERM line is BELOW and we bounced perfectly off it around 650. Next bounce is around 688. Selling intensified just now. This coin moves almost perfectly to charts that is why I like it. And not as many Bots as TRX and some of the others.
أغلقت الصفقة: تم الوصول للهدف:
Fib line reached and small bounce fail. Heading to long term support. Might break through and come back. Red arrow down and then up. Mind the volume! And the RSI!
تعليق:
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Target is .0642 now for my order
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Looking good except volume.
تم إغلاق الصفقة يدويًا:
I'm out
تعليق:
Scratch that, my stop got jumped. So lame. I am in and sitting bored.
تعليق:
smoked and piled into dgd to make back what i lost...
تعليق:
DGDlooks like if suffered from "4's" I see this bouncing off non log scale trend line and maybe even failing to below support . RSI is tanking on the daily and that is the trend for now.
www.youtube.com/watch?v=JytiP-V1...
www.youtube.com/watch?v=JytiP-V1...