okay i think i figured out how to properly add an update lol
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excellent.
just waiting for a breakout now
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got stuck at the .786 fib line on that last breakout. let's try this again.
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breakout surpassed .786 fib
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testing support along the bottom channel line
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covering lost ground from the little btc pump, gaining momentum
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this coin pumped a little too fast for my taste earlier today: i sold half of my nav. as far as it keeping support at this level, i'm still unsure at the moment but looks to be holding decently.
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bought back in after seeing how strong nav held against btc going up... currently it looks like we are about to shoot up again
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here are the two possibilities i see happening, with the one in black being more likely IMO
OVERVIEW: price was steadily riding the trend line for the first month then it shot up on a sort of fomo trend, from there it started correcting, but the correction went a bit too long due to emotion being a big influence. once it corrected back to the trend line it got rejected most likely also due to emotion being a big player, so it consolidated again and pumped well above the trend line. now it is consolidating straight toward the trend line which leads me to believe a huge pump similar to the first is going to happen over the course of the next few weeks
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i've switched to coinigy so sorry the chart isnt embedded into that update
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I have started a new thread on this chart
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CoinMajesty
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Excellent. Good job!
disturb22
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Great ! What do You think, can we reach 100k sat at nav this year? :)
knucklesandwich
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thanks for the feedback guys:) means a bunch!
buchiochad
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Wonder how you do this, I wish I can learn from you @knucklesandwich,
knucklesandwich
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@buchiochad, honestly i have only been charting for a month, i have learned so much from following other members of tradingview and copying their techniques in live trading and in past data. it eventually just really started to click. i try and keep things simple, mostly trend lines and fibonacci lines and that's about it