Daxxone

Daxxone

It looks like a breakout of a C&H but I have no idea what target price should be here. I was thinking maybe $10.8 by the end of the month? How would you trade this?

Daxxone

Thursday breakout? Could be sooner, but the more time it takes the greater the upward push and more resistance levels it will blast through.

Daxxone

If rejected again at 49.8k we will retest lower supports. Low volume means we don't see a big swing, and not enough to break above and hold over 50k like we would need avoid this H&S from forming. Holding is going to be better than betting on volume this low.

Daxxone

This is a critical point and everything in here is high risk. This falling wedge has a good chance of breaking out and going down more. MACD 1D is still cooling off, so if it's not low enough by the end of this wedge you can expect more dropping of BTC (and ETH is looking similar, but I've not look into details there). I'm still really new to doing charts, and...

Daxxone

I don't know for sure, but it looks like it may be good? Ascending triangle?

Daxxone

If you bought the BTC breakout and made some coin, then the coming ETH breakout should also be on your radar.

Daxxone

This looks like it's going to be don in the next few hours. As I'm learning to do charts, your input is a big help, so thanks for any comments.

Daxxone

I published a similar chart on BTC. I'm still learning how to do charts, so if you see me make mistakes in using tools, or something else I should look at, please, help a bro out.

Daxxone

I'm still learning, so make of this idea what you will. Feedback is highly appreciated.

Daxxone Updated 

As I'm learning, your insight will help me become better. Thanks.

Daxxone

I'm trying to learns, so your feedback is going to be a big help for me to understand markets better. Thanks.