vikasjournalist

vikasjournalist

In consolidation phase after huge correction. 1. Accumulation phase after correction 2. Rate of Change is moving towards zero 3. Price-Volume about to converge 4. Alligators lines are becoming smooth. The risk-reward ratio is 2.4 for this trade.

vikasjournalist

Shibu Inu (SHIB) coin has witnessed steep correction for quite some time and now consolidating for a long time. On the hourly chart, as of now, SHIB is trading inside a double symmetrical triangle continuation which shows the distribution is finally over and breakout can come anytime. Also, on the Rate of Change Indicator has crossed above zero indicating the...

vikasjournalist

# KUCOIN:DASHUSDT Dash is consolidating for long after steep correction $273 USD to $ 223 for more than 2.5 months. It even touched the low of $144 USD. On the daily chart, it has recovered significantly since then. As evident from the above chart, the consolidation seems to be coming to over as symmetrical triangle pattern seems to be completed. The Rate of...

vikasjournalist

Chart is self-explanatory. RSI is above 60 and its in clear uptrend in parallel channel. This

vikasjournalist

The chart is self-explanatory. On a weekly chart it has broken a major resistance. The volume is also increasing.

vikasjournalist

Indigo has corrected almost 30 % and now it seems to approaching towards the circle area on the Gann fan and 0.5 Fibonacci entrancement level. Don't be in hurry to buy but be in wait and watch mode. In the next 2 months once the effect of Corona virus is done with, being a market leader it will be in the position to take advantage of lower oil prices. However,...