Pascal looks good to take off! Moving averages show a drop could occur but I believe this chart will ultimately be up in the next week or so. Even if uptrend line is broken, the support are should provide many buyers! I would buy anywhere from .000072 to .000076 and profit target around .000100. Stops should be around .000070. Thanks!
A few days ago, we were able to localize a trend change through the MCDA and RSI. Now the course has to break the downtrend line. Whether it is really direction of the orange trend line is going to show up in the near future.
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It appears that PASCBTC is in a non-limiting triangle which could be coming to a completion now. It appears that this triangle is following the first zigzag as an x-wave. This means that we could get a larger corrective bull-run that is probably a wave-b. It could either be a double or a triple combination, but wave-b...
Going to do two things at this point.
The first is bring the stop up to the red line (0.00129). This is pretty tight but would get us out the trade with a 8:1 plus risk to reward. If we do break this point there's a good change the price will want to retrace to the larger trendline (as per the blue arrow) and I'll try and re-buy at this lower price (shown by the...
Hi!
At this point the price has broken above the larger triangle pattern - a bit early maybe - and we now have another smaller triangle forming. The technique i'd like to try here is adding to the trade with a smaller stop size (shown by the second long position indicatior and the blue arrows).
What i'm going to do is, IF we break the small triangle higher, i...
I'm going to prepare for a breakout of this triangle pattern if the price goes above the last high. Hopefully the price will consolidate more and we can cancel this trade and get one with a tighter stop and therefore a better risk to reward. EDIT: We just broke above as i was writing this, so we're in the trade now. Let's set the stoploss and see what...
