Panjang
ICNETH Kraken 09Nov2017 – RSI Bullish divergence

ICN broke out falling wedge against ETH on 3rd November. After consolidation on support line RSI divergence can be seen on 4 H chart and expecting upward movement. ICN is at its all time bottom and on the 4 H chart it looks as a triple-bottom as well in the past days. I expect upward movement – I am already in with approx. 1300 ICNs.
Based on Fibonacci levels and previous support/resistance I expect the TP levels –
TP1: 0.382 of recent upswing – approx. 0.0045
TP2: 0.618 of recent upswing – approx. 00.55
TP3: 1 of recent upswing – approx. 0.007
However based on patterns develop at these TP levels either a portion of ICN may be kept for longer term and/or with seeking for day trade opportunity at around these levels ICN portfolio may be increased by shorting and by re-buying.
Based on Fibonacci levels and previous support/resistance I expect the TP levels –
TP1: 0.382 of recent upswing – approx. 0.0045
TP2: 0.618 of recent upswing – approx. 00.55
TP3: 1 of recent upswing – approx. 0.007
However based on patterns develop at these TP levels either a portion of ICN may be kept for longer term and/or with seeking for day trade opportunity at around these levels ICN portfolio may be increased by shorting and by re-buying.
Nota
RSI divergence still bullish. Moving in falling wedge. Waiting for breakout. I am trying to copy here an updated chart.Dagangan aktif
Nota
On daily chart 10-day MA is closing to 60-day MA, Stoch and RSI seems to confirm upward movement, close to step in the cloud. Should move up now in my opinion.Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.