krimstix

BAY - Short to Medium Term

BITTREX:BAYBTC   BitBay / Bitcoin
20 just crossed the daily candle bar and is on a break out.

RSI is not yet overbought.

1 - 3 days trading for this one (unless if you want to go long term)
I'm a trading noob so I'm not sure what you're pointing out to but it looks like a cup and handle that broke out, no? do oyu think it will shoot up a lot short-term?
Balas
@MuMPiTz, I'm pointing at the 20MA (Blue Line) crossing the daily candle bar, for short term yes, and probably even medium-term.

Be careful if you want to trade this one. Plan your trade and don't go in carelessly :)
Balas
MuMPiTz krimstix
@krimstix, alright, thanks! it looks to be breaking out, or? buy? :)
Balas
MuMPiTz MuMPiTz
@MuMPiTz, I bought in at $0.35 or so, whats our target ? :)
Balas
@MuMPiTz, I don't want to give a specific target price on this one since we all have different trade strategies but my suggestion is for you to set a target price on your own. :)
Balas
MuMPiTz krimstix
@krimstix, okay, will do, but maybe you can post an update or so when you think its running out of steem :)
Balas
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