snatly

Golem climbs the stairs

Long
snatly Updated   
POLONIEX:GNTBTC   None
6
Seems we have a decent channel established, some good support, Ichimoku is bullish (not visible). HA is bullish to neutral, could bounce around to 17k before popping up to a decent target of 26k. As they say 'the trend is your friend'. I'd trade this for a short term hold- days rather than weeks.

You can draw this fork around 3 different ways- this is the most conservative one I decided upon.

The weekly charts of cryptos still scare me to look at.
Trade closed manually:
Was a nice run while the pitchfork held. It is now invalid.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.