ENGBTC Rising wedge + top of a pitchfork - short term correction

BITTREX:ENGBTC   Enigma / Bitcoin
Enigma has had an amazing bull-run the past few days, but is seemingly running out of momentum. The price is forming a rising wedge while nearing the top of our pitchfork-trend. RSI is also telling us that the higher high has been made on lower momentum, indicating a short-term reversal.

Shortterm traders might look to place a stop-loss, but I'm holding enigma for the long term and will not be selling. Rather I'm looking for another buy-in at the median or bottom of the blue zone of our pitchfork .
Kommentar: Here is my pitchfork trend:
Kommentar: The 2h closed as a spinning top - indicating indecision in the trend. The 30m candle closed as a bullish engulfing.

This new 2h candle has a Td9 sell signal, which means some people might be looking to take profit in the next 2 hours.
Kommentar: Coincidentally the hour candle is also a td9 sell signal.

Remember: don't sell, but put stop losses on your alts instead. Read up on the Williams Fractal indicator and learn to put stop losses that protect your profits, but keep you in the trade during a small correction.
Kommentar: Correction: The 30m candle closed as a bearish engulfing, not a bullish engulfing.
Here it is:
Kommentar: We didn't dip as far as I liked, but I still got a good buy-in at 41000.

Hourly is about to close as a bullish engulfing candle. Rsi is creating a lower low, while price created a higher low. I'm back to bullish.
Trade wurde manuell geschlossen: We had our correction to the median line! I had a nice scalp from 41k to 44k and then got in at under 30K - how cheap :)

Longterm conservative goal for this year is $20
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden