After an ABCDE Correction, comes a breakout. I think it could break the triangle. (Positively)
Always use Risk vs Reward to eliminate emotions.
If your plan did not work out, be open minded. Continue trading and look for a strategy that fits you.
Always use Risk vs Reward to eliminate emotions.
If your plan did not work out, be open minded. Continue trading and look for a strategy that fits you.
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A breakout from the .382 retracement is a sign of "back to bull run" market.
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According to Heiken Ashi Rule "Sell when 3rd red candle is present"
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We're still green!
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Heiken Ashi rule (sell)
But if you're in this coin for mid-long term, we're good.
We just had a tap but not a breakout. I believe that we can breakout soon.
But...... Indicators are not looking good for xlm right now. (not really)
MACD is almost crossing. (signaling a downtrend)
RSI is not oversold. Line of 55.
Insufficient volume for breakout.
Ichimoku resistance was tapped only.
But I believe that we still have plenty of growth in this coin.
If the mother coin signifies a healthy uptrend, alts will follow.
But if you're in this coin for mid-long term, we're good.
We just had a tap but not a breakout. I believe that we can breakout soon.
But...... Indicators are not looking good for xlm right now. (not really)
MACD is almost crossing. (signaling a downtrend)
RSI is not oversold. Line of 55.
Insufficient volume for breakout.
Ichimoku resistance was tapped only.
But I believe that we still have plenty of growth in this coin.
If the mother coin signifies a healthy uptrend, alts will follow.
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In a smaller fibonacci, we are in .618 retracement.
Let's watch if it's going to bounce from this level or break down and touch the next retracement - .786.
Let's watch if it's going to bounce from this level or break down and touch the next retracement - .786.
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Open your eyes and be open to other things that might happen.
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I believe that we could touch in the .786 or in the middle of it before breaking.
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A breakout could happen <3
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Still completing third wave!
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Targets are 0.35 and 0.40 for third wave.