HEY TRADERS, SORRY I HAVEN'T BEEN AS ACTIVE AS USUAL. CURRENTLY STUDYING A TEXTBOOK ON CANDLESTICKS SO I CAN OFFER THE BEST TA POSSIBLE. SO FOR NOW I'LL BE POSTING 'QUICK LOOKS' AT SOME COINS THAT I PERSONALLY HAVE STAKE IN. MY MOST RECENT PURCHASE IS ETC...ENJOY.
ETC TA:
+ RESIST ZONE IS $30-37, WE'RE WAITING FOR PRICE TO BREAK RED RESIST LINE AT $37 BUT THERE ARE INTERMEDIARY WHITE RESIST LINES IT MUST BREAK BEFORE THAT.
+ IF WE DID BREAK $37, WE'LL ENTER A NEW SUPPORT AND TEST $42. IF WE BREAK $42 THEN WE WILL SEE NEW ATH!
+ OBVIOUSLY ANYTHING OTHER THAN THIS OUTCOME IS UNFAVORABLE. SO PLACE STOP-LOSS AS NEEDED.
HAPPY HUNTING MY FRIENDS ;>
ETC TA:
+ RESIST ZONE IS $30-37, WE'RE WAITING FOR PRICE TO BREAK RED RESIST LINE AT $37 BUT THERE ARE INTERMEDIARY WHITE RESIST LINES IT MUST BREAK BEFORE THAT.
+ IF WE DID BREAK $37, WE'LL ENTER A NEW SUPPORT AND TEST $42. IF WE BREAK $42 THEN WE WILL SEE NEW ATH!
+ OBVIOUSLY ANYTHING OTHER THAN THIS OUTCOME IS UNFAVORABLE. SO PLACE STOP-LOSS AS NEEDED.
HAPPY HUNTING MY FRIENDS ;>