Please be advised that this is only an idea, so you are responsible for any losses yourself.
Dear followers,
First of all, don't forget to follow and like my ideas. Don't hesistate to ask me questions or to post your chart below. I like to discuss charts in a normal way. :) Besides that, I also give updates and trading ideas on Twitter.
I just bought some Status, I'll buy more after breaking resistance levels: dotted line, resistance (1). Bitcoin is quite calm at the moment, but if BTC will drop heavily again, I might close this position (earlier). I still have short positions in BTC as mentioned in previous ideas.
Status is in a downtrend since it's all time high. What we see now are excelent circumstances to find higer levels again. Since the beginning of this year, Status is trading on very low volume. Last week, suddenly we saw a sharp increase of volume. It's often a sign buyers come back. The price failed to break out it's triangle the first attempt, but the volume is still high. I expect a break of the resistance level soon. The dotted line is our first resistance. After this, the blue resistance line is second. A break of this resistance will trigger buyers and the 50ma is the first target then. The RSI gives plenty of room to skyrocket towards the first fibbo level. This will be my final target.
Buy: Now or when we close with a candle above resistance.
Profit targets:
Target 1: 0.0000149
Target 2: 50ma
Target 3: 0.0000231
SL: Below support (2)
In summary: We have a lot of signs Status is ready for it's next big move and the circumstances are excelent!
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
Dear followers,
First of all, don't forget to follow and like my ideas. Don't hesistate to ask me questions or to post your chart below. I like to discuss charts in a normal way. :) Besides that, I also give updates and trading ideas on Twitter.
I just bought some Status, I'll buy more after breaking resistance levels: dotted line, resistance (1). Bitcoin is quite calm at the moment, but if BTC will drop heavily again, I might close this position (earlier). I still have short positions in BTC as mentioned in previous ideas.
Status is in a downtrend since it's all time high. What we see now are excelent circumstances to find higer levels again. Since the beginning of this year, Status is trading on very low volume. Last week, suddenly we saw a sharp increase of volume. It's often a sign buyers come back. The price failed to break out it's triangle the first attempt, but the volume is still high. I expect a break of the resistance level soon. The dotted line is our first resistance. After this, the blue resistance line is second. A break of this resistance will trigger buyers and the 50ma is the first target then. The RSI gives plenty of room to skyrocket towards the first fibbo level. This will be my final target.
Buy: Now or when we close with a candle above resistance.
Profit targets:
Target 1: 0.0000149
Target 2: 50ma
Target 3: 0.0000231
SL: Below support (2)
In summary: We have a lot of signs Status is ready for it's next big move and the circumstances are excelent!
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
Operación cerrada: objetivo alcanzado:
First target and second target reached. I'll keep updating it for the final target
