Everything's in the chart, if the 20 EMA doesn't hold, we'll reach our 7300 target.
If you have followed my older idea, you can see that the yellow zone was the sell zone. My zone is always important, remember it :)
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** The 20 EMA is not my only indicator, i use a lot of others to increase the accuracy.**
For any ideas or questions, tell me what you think in the comment section.
My predictions are accurate and helpful ? Follow me, i can help you define the market moves. Of course no one can predict the future. But we trade smart, we trade differently. And never keep your loss greater than 50% of your target profit lol.
AS ALWAYS, SORRY FOR MY BAD ENGLISH (That's why i never explain my idea) AND SAFE TRADING EVERYONE!
Who am i ? I'm a tiny cryptocurrency whale, an emotionless chart analyst, and a cannabis lover.
- MrPalmTree
Komen
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Older idea:
Komen
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More older idea, we still called it right :)
Komen
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IMPORTANT NOTE: IF YOU WENT SHORT, STOP YOUR LOSS IF THE PRICE JUMP ABOVE THE 20 EMA LINE.
your downtrendline is totally incorrect. It's linear. Linear does not work on wide range of values. Try the log scale and draw the trend line. Then you will see why we fell from 11700.
MrPalmTree
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@hkh222, Ah i see, i only use log scale for drawing trendline. I drew it wrong by mistake in that old idea.
cI8DH
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@MrPalmTree, I was amazed how accurate the log downtrend line worked as a resistance.