- All informatin is processed in the prices
- rates are moving in trends
- history repeats it's self
1 week chart:
When i opened the 1 week i draw a cup and saw that the handle was forming. That is an Bullis Sign, what made it verry interisting for me to study.. Handle means downwards.. So, that means the must be for the coming days??
For now let's check the indicators first before we go to the ..
MACD: and have a lot of room to continue the growth
RSI: In the neutral zone, have lot of room to growth
DMI:Positive (Short term crossed the long term line and turning upside!)
WMA: Positive, candlestiscks are upside the line
Looks verry for the coming months!!
Now we are zooming in the .. We saw that we are in the handle phase, sow that means that we nead a sign for the coming day(s)..
As we can see it is getting downwards (no panic, we were waiting for this)
RSI: In the neutral zone
WMA: , candlestiscks are downside the line
Buy: 35000 - 45000
STOP LOSS: 30000
As we expected this coin is getting down, to finish the handle.. If the handle is complete we will see an reversal sign with an long greend candle.. I am waiting for this candle.. If u need more confirmation for the signs, then u can also wait for the next signs:
falls around 40 points and then will go upwards, short (blue) will cross long (orange) upwards around the 0 point (middle line). The DMI gives a sign when a new trend comes. If the short (blue) line crosses the long line (orange) and the line will go upwards (red line), then we have a sign of Bullis trend.
1. always take full responsibility for the results yourself;
2. spread the risks, because spreading is making happy;
3. develop an investment method that is SMART;
4. develop its own vision on the functioning of the financial markets;