If candle closes above the green line you can enter with a tight stop loss
hey guys keep an eye on $NU, once broken that white line and candle closed above it is confirmation to enter, easy gains.
The 34 EMA has acted as resistance and the 55 EMA has acted as strong support for a month now, we need to flip the 34 EMA and this can happen in July, as you can see the stochastic is oversold and bears are exhausted.
Hi guys as you can see everytime we are above the 144 EMA on the 3d time frame we are in a uptrend and when we are below it we are in a downtrend, I believe the wick we just experienced was a bear trap.
I will slowly start building my position again. Stochastic is oversold, bollinger bands are getting tighter, expecting a nice move soon, I still have some limit orders around the 200s to try and catch a wick. Eventually we want to get above the 55 EMA for a nice rally!
$ETH UPDATE! Watching this trendline, if I see strength and support I will enter my position, if I do see weakness then we stick to original plan! Disclaimer, I only do spot trading, I suggest you do as well!
$ETH It is almost impossible to catch the bottom, depending on todays daily close, I will DCA (Dollar Cost Average) between support and the 200s.
Always look for charts with most historical data, seems like XMR is printing one of the biggest cup and handle pattern in crypto. BULLISH!
Since January we can see with BTC.D that everytime it has attempted to test the 55 EMA, it has acted as strong resistance, this is very bullish for alts!
144 EMA is holding well, stochastic is also oversold, this is a possible scenario that could play out.
On the daily TF for $BTC we must reclaim the 200s and do a nice candle close above
On the 12h TF we can see every time the bollinger bands squeeze we have had impulsive moves to the upside except the most recent one, the bollinger bands are starting to squeeze again, I am expecting a nice move up soon.