Hi my dear friends!
This is a 6 hr chart of verge?
Why 6 hr?
Because at this time frame, we can clearly count the 3 corrective waves that is the down trend in the box.
We can also see from data that fib levels had been a rather precise ruler to estimate this coin, as I explained in the callout box.
The next fib targets are labelled in green (if you drag up on the chat)
They are:
- 2700
- 3850
- 5050
- 5850
It takes time to develop a trade. HODL it, sell when stoploss reached, and ya'll be fine :)
*This post is more for people who are already in verge trade, if you are not in the trade and would like to join, please find an entry price that is comfortable to you on your own.
Good luck!
This is a 6 hr chart of verge?
Why 6 hr?
Because at this time frame, we can clearly count the 3 corrective waves that is the down trend in the box.
We can also see from data that fib levels had been a rather precise ruler to estimate this coin, as I explained in the callout box.
The next fib targets are labelled in green (if you drag up on the chat)
They are:
- 2700
- 3850
- 5050
- 5850
It takes time to develop a trade. HODL it, sell when stoploss reached, and ya'll be fine :)
*This post is more for people who are already in verge trade, if you are not in the trade and would like to join, please find an entry price that is comfortable to you on your own.
Good luck!
Nota
*Expected correction to 1366 (.5 fib)Dagangan aktif
I would be surprised if it goes lower
Dagangan aktif
we are heading back up, but don't be over-optimistic. Always be ready to react to the worst case scenario!
Nota
My thoughts on chart pattern
Nota
This one has better proportion
Dagangan aktif
This update is for my own entertainment.
Boxes with the same colors are of similar patterns.
Nota
That was an absolute bloodbath, corrected all the way down to .236Dagangan aktif
buy zone
Dagangan aktif
Hit our buy zone. We have ourselves a position.
Dagangan aktif
A good start is always pleasant
Nota
one min chart looks fishy, reduced position sizeNota
worst case scenario
Dagangan aktif
order book on bittrex:whales keep pushing down the price with sell wall/filling their own orders at a substantially lower price.
Assuming they are trying to accumulate more of their long position. -->Don't panic sell easily and fall for the trap.
Dagangan aktif
everyone sees this pattern. It is picture perfect.
The only thing we need now is volume.
If we drop below lower trend line for some reason (its crypto, anything can happen), we go to the floor and wait to buy back there.
Nota
just bounced from lower trendline. Need to be trading above EMA50 & MA50 on longer time frame to confirm another impulse wave going up.
Nota
hovering around trend line, take care.Dagangan ditutup: hentian tercapai
This one hit me.Nota
If we drop to 470 we buy
Nota
again, 470-500 we buyDagangan aktif
again, again, 470-500 we buyNota
I didn't even realize. The low was 502.....................
My order at 500 was not filled...................................
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.