- After reaching what seems to be a bottom, PINK consolidated for a few days, the common amount of time, about 10 days, and finally took off and it is now in an uptrend.
- This drop where the coin holds and consolidates at the bottom, always happens after some period of positive divergence. So we have the signal of buyers accumulating coins, a final push down by sellers and then buyers coming back strong.
- We also have a very strong breakout on the .
- The indicators are all and there is still room for growth, not as much as we normally get but still plenty enough to bless us with huge profits.
- The weekly chart looks better. Here the , and DMI have plenty of room for growth. The weekly chart looks really good.
- The way this chart is set up is also good. The candles and chart formation you see on the weekly chart are giving some very strong signals.
- Let’s get to the instructions now, the charts look good.
Buy-in: 0.00000590 – 0.00000790
(5) 0.00003150 (New All Time High)
Note: Sell strong on the targets, this coin receives a lot of push back when going up strong according to the charts. So it is good to secure your profits and play this trade safe.
*** Message of the day: Life goes on
Today is another day.
Today another day has come.
Yesterday we had many opportunities.
Once again today, we have many, many more.
So don’t get discouraged if your chance hasn’t come.
Life was made for you, so you will always receive support.
Stay strong through the process.
Challenges will come.
The goal is to grow together.
So that you can all visit me, in my new home.
Mantra: “Om Stanesha Vahtu Nevehem”
Feel free to buy-in, re-buy and reload.
- The entire week was of consolidation, after the retrace of reaching the last.
- The daily chart also shows a clear retrace and consolidation for maybe a few more days. After that pressure will build up and we might breakout up.
Here is the daily chart:
If you hit stop-loss automatically, then it is all good, you should be out of the trade now.
If you are the holding type like me and still holding, then just forget it and come back in a few days after the correction is over.
I am keeping this trade open.
We are in a market wide correction, and for this we halted trading for a few days.
Bitcoin bounced from support and right now we are waiting to see if this support level will be re-tested.
We need to allow a few more days to know how things will turn out. To get better and stronger signals.
The altcoins are looking better now but still have a way to go.
For now, we hold patiently. We hold strong.
P.S. Tomorrow we will have a better understanding as to where Bitcoin is going, but we will resume trading soon.
Thanks for your support. I love you!
The best way to wait through this situation, is to rebuy and reload when the price is doing. Keep doing this, over and over, and when the price shoots back up. You will be sitting in a very good position. This is how PROs do it. This is how we hold.
Thanks for your continued support.
I will update everything as usual.