gazbroon

gazbroon Updated 

BAT has been rising in an ascending channel for over 3months now. Should this trend continue then BAT represents a Buy opportunity. Alternatively the swing in the channel is circa 16%, so there is room for short term trades, buying at the bottom of the channel and selling at the top. Remember the trend is your friend until the end of the trend and always place...

gazbroon Updated 

Hi folks, BAT has been rising in an ascending channel since March. The channel itself represents circa 17% price swing and right now BAT is trading at the bottom of this channel after a recent pullback. There may be an opportunity here to take a Long position with a price target of just below the recent high of 0.26. A tight stop loss is crucial here. This...

gazbroon Updated 

VET is currently in the midst of a pullback towards the green upward curving trendline. Looking to take a long from 0.009000 with a take profit at 0.010900 prior to the next big resistance from the high of June 2019. Stop loss should be set just below the green trendline. This is only my opinion and not financial advise, please do your own research.

gazbroon Updated 

Hi folks, ENJ has been trending in an ascending channel for about 7 weeks now (from mid-March). The price (currently 0.194 USDT) is approaching the bottom of the channel trendline and could represent a good buy opportunity. Within the confines of the ascending channel alone, there is a circa 20% potential to the upside. 4hr RSI has had a chance to cool off from...

gazbroon Updated 

4hr RSI is approaching overbought, MACD is turning to the downside, and price is at the mid level downtrend line from March 7th. Looks like a short term pullback may occur. Time for a Short with a tight Stop Loss.

gazbroon

The IOTA price has been in a descending channel since the high of 0.2585 on the 4th June. It has been respecting a high resistance trendline (which goes all the way back to Feb 2020), down to the more recent mid and lower support trendlines as shown on the attached chart. The mid support and lower support trendline represent a price drop of 14% and 19%...

gazbroon Updated 

VET USDT has been moving in a symmetrical triangle for about 14 days now. The closing point of the triangle is Tuesday 30th June (4 days from now); however, a break is expected either today or over the weekend. Currently waiting to see which way the break will go and monitoring the previous swing highs and lows for entry and stop loss positions. Expectation is...

gazbroon

VET has been in an descending channel for the past 6 days. It has recently made a push to the top of the channel, but the 1hr RSI is approaching overbought and the MACD is shown signs of turning to the downside. The price could retrace to the bottom if the 6 day trend continues, representing a logical short term Sell opportunity. The channel itself represents a...