Hello Friends,
Looks like the market is recovering a bit today.
I came across NCASHBTC which looks to me as a potential buy for short - mid term.
As you can see on the chart, we have NCASH in a falling wedge pattern, which we all know from Lesson 6A that it is bullish given that it breaks out upwards of the pattern.
If we breakout from the falling wedge upwards, I have marked some blue resistance line on the way up. You can consider those as targets. Move your stop-losses accordingly.
MACD and RSI also seems to be supporting the upward movement currently.
Remember to keep an eye on BTC simultaneously.
Do Your Own Research before buying into anything from any signals out there. Learn before you earn.
I will keep updating this trade as and when needed.
If you have any questions, feel free to ask here, or join our telegram group/channel listed below in the signature.
Happy Trading!
Looks like the market is recovering a bit today.
I came across NCASHBTC which looks to me as a potential buy for short - mid term.
As you can see on the chart, we have NCASH in a falling wedge pattern, which we all know from Lesson 6A that it is bullish given that it breaks out upwards of the pattern.
If we breakout from the falling wedge upwards, I have marked some blue resistance line on the way up. You can consider those as targets. Move your stop-losses accordingly.
MACD and RSI also seems to be supporting the upward movement currently.
Remember to keep an eye on BTC simultaneously.
Do Your Own Research before buying into anything from any signals out there. Learn before you earn.
I will keep updating this trade as and when needed.
If you have any questions, feel free to ask here, or join our telegram group/channel listed below in the signature.
Happy Trading!