XMR / USD - Monero
cmp 319.
Target 350 plus
Stop 285.
Price has a nice cup pattern in 4 hour chart.
Price broken out with huge volumes.
Very good one to go long.
Swing Trade (D, 240)
Price is in overall seller territory from D perspective, we broke the major S & R (green line) and price rejected twice going through that area and left a probe. We turned people into buyers so that we can sell for higher price. On 240 sellers shows an aggressive sign of coming back swiftly challenging the buyers who started this movement. We...
SALT / BTC
cmp 0.0005798
target 0.0006800 plus
1) Price goes past 200 ema with huge volumes.
2) 30/200 ema crossover confirms bullish structure.
3) Right penant breakout observed which also complements bullish structure.
4) HH and HL formation gives further conviction to the bullish view.
IOTA / USD CMP 1.91
Daily chart
Bias : Long
Rationale:
1) Price breaks upward trending resistance line with huge volumes.
2) Further complemented by penant breakout which resulted in the current spike.
3) Good one to go long with a target of 2.25 plus.
4) View not valid if price drops below 1.65.
Dash USD - CMP 783.
All EMAs sloping upwards coupled with a right triangle (penant) breakout pattern.
Price moving towards 850 plus highly probable.
Stop at base of the penant.
Dash USD - CMP 783.
All EMAs sloping upwards coupled with a right triangle (penant) breakout pattern.
Price moving towards 850 plus highly probable.
Stop at base of the penant.
BTC - Charts reveal a retest of $ 11,000.
1 hour chart
1) Reverse Head & Shoulders pattern formation.
2) Price well supported by 200 period ema. Has crossed past 30 period ema.
evening star is one of the powerfull japenese charting techinque .
1st day ndcale green
2nd day star + DOJI which shows buying pressure is reducing and
3rd day red candel penetrating in 1st candel showing selling pressure is taking over the buying pressure.
levels shown in chart
