Looks like what we have here is an ascending channel forming our of a head and shoulder completion.
I'm expecting a quick rally followed by a drop down to the 0.786 line of the original peak retracement.
Still learning how to do this so any pointers would be great!
The trend we are in right now looks very similar to the last time 0x spiked. It made a steady drop followed by a slight peak with no volume. This resulted in another hard drop before spiking again. Added to fact the last peak extended to 1.414, this climb seems to be more or less mirroring the decline of the last all time high. I expect 0x to climb to .000185...
First real trade plan I've made but I thought it looked pretty good. If anyone has any pointers or criticisms id be happy to hear them. Thanks for the Feedback
Possible Head and Shoulder pattern forming on 0.618 line. Could break all the way down to $.37 if it goes any lower than $.46. What do you guys think? Still pretty new so I could use some pointers, thanks!
Not sure about this, I'm pretty new to the trading space. Let me know what you guys think, whats wrong with this TA or if you think I have any part of it right!
- Thanks
