Cleaner charts are below.
So it appears we are in ascending triangle. But support is weak, as major support was broken.
Still, it does not mean we should seek an opportunity here.
I would start accumulation here, and add more on a breakout from a descending trend.
And then wait till first exit for some profit, and figure out what to do next. While making sure my SL is present!
Also, we appear to be in descending channel SO, NOT good, but also opportunity.
If we ever get close to 3000 or below, just say fuck it! and get some and don;t even bother with SL, it will be volatile in that region.
I also proved Bull and Bear price directions. So don;t panic if price goes down, just act accordingly since you know what is going and you got your eyes on the target!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
Thank you,
Ajion
So it appears we are in ascending triangle. But support is weak, as major support was broken.
Still, it does not mean we should seek an opportunity here.
I would start accumulation here, and add more on a breakout from a descending trend.
And then wait till first exit for some profit, and figure out what to do next. While making sure my SL is present!
Also, we appear to be in descending channel SO, NOT good, but also opportunity.
If we ever get close to 3000 or below, just say fuck it! and get some and don;t even bother with SL, it will be volatile in that region.
I also proved Bull and Bear price directions. So don;t panic if price goes down, just act accordingly since you know what is going and you got your eyes on the target!
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
Thank you,
Ajion
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Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
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twitter.com/NexusWars_
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