Double H&S formation after a bull. Indicators confirm.
it could break 1.38 down (0.618 FB). A huge correction is expected. On the day chart: a) It has been raising outside BB for the past 4 days, b) RSI overbought and sell c) MACD sell d) ichimoku DOWN!!!!!!!!! anyway I just read the chart and I am probably wrong !!!!. At least I have put my money!!! I am crazy..... I can send you the screen shoot of my bitfinex positions
SANUSD
it could break 1.38 down (0.618 FB). A huge correction is expected. On the day chart: a) It has been raising outside BB for the past 4 days, b) RSI overbought and sell c) MACD sell d) ichimoku DOWN!!!!!!!!! anyway I just read the chart and I am probably wrong !!!!. At least I have put my money!!! I am crazy..... I can send you the screen shoot of my bitfinex positions
SANUSD
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Confirmation to enter when touches ascending line around 2.55. It is also confirm the exit downwards of the triangle is in.
ENTER: 2.55 $ (SL: 2.64 $)
TP1: 2.03 $ (5:1)
TP2: 1.36 $
ENTER: 2.55 $ (SL: 2.64 $)
TP1: 2.03 $ (5:1)
TP2: 1.36 $
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Wait to confirm to enter when it touches again around 2.55!!!!!!!
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Confirmation when touches ascending line again.
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In addition DOUBLE TOP!!!!!!!!!!
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Descending to touch the ascending line so it will be confirmed!!!!.
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Probably it is going to go to ATH instead of touching ascending support line!!!!
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About to touch the ascending line to confirm!!!!!! It cold also go up to ATH but indicators are now showing downwards movement.
We have:
- Outside BB for the last days
- Overbought
- H&S
- Double Top
What else is needed!!! In addition what the hell is SAN??? No news no nothing on their web or twitter. What is being nothing however it climbed 200% and it is more than 400 Million now for nothing.. Amazing TA and amazing life.
We have:
- Outside BB for the last days
- Overbought
- H&S
- Double Top
What else is needed!!! In addition what the hell is SAN??? No news no nothing on their web or twitter. What is being nothing however it climbed 200% and it is more than 400 Million now for nothing.. Amazing TA and amazing life.
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If this goes to another ATH instead of going down drastically and correct more than 50%... then live is strange (I knew it already) on this crypto world!
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It touched supported ascending line!! I hope that it will go down soon. Cross fingers !!! Common sense is not an option in the crypto
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