EBST has made its 3rd impulsive wave and it wasn't that strong. It didnt even make a 1:1 extension. Now its gaining volume for the next 5th impulsive wave. Im expecting a target between 9k to 10k.
Buy ranges and targets are on the chart.
Dont forget to do your TA. Im not a financial advisor.
Buy ranges and targets are on the chart.
Dont forget to do your TA. Im not a financial advisor.
Trade active:
If you have put any buy order at my green region it would have been excuted by now. If you made an average of 6000 you are now on a 12% profit. Now we have 2 scenarios...We might have a 5th strong impulsive wave, which is unlikely to happen as the coin is highly overbought on the daily chart. Or we will hit 6800~7000 and go back down to correct and gain momentum. If we break 6800 set your stop loss at 6750 and ladder your profits from there.
Trade active:
Whats up ? Whales are playing with this coin...thats whats up. Trade volume is almost the double since Bittrex announced they wont support the airdrop. People's FOMO had them selling all their coins. Whales are filling their bags between 4300 to 4800.
Lets take a look at a 45mins chart. We made a triple bottom, which is a reversal pattern on a 45mins chart ? Not bad.
But what about 4H chart ? Things seem even better here. We are starting to collect some volume as well as being very oversold on RSI.
We need to stop the FOMO and the panic sell. Hold your position and wait for a banger.
Dont forget to do your own TA. Im not a financial advisor.
We need to stop the FOMO and the panic sell. Hold your position and wait for a banger.
Dont forget to do your own TA. Im not a financial advisor.
Comment:
Targets ? Im seeing at least 5700~6200. Selling there or wanting more....or not selling at all is your own responsibility.