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Topic: Ready for some interesting charts? (Read 104 times)

newbie
Activity: 7
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November 06, 2018, 05:45:04 PM
#1
https://twitter.com/P1ivotology/status/1059845987743621120



https://twitter.com/P1ivotology/status/1059847172462587904



TRADE PLANS FOR TUESDAY, NOV 6TH

https://drive.google.com/file/d/1bUyxszo6gHu2XfiWUyqa1Y_rbuw6QOei/view?usp=sharing



*Notes to accompany today's CRYPTO charts....*

For the first time in 2 months, I'm actually looking to go long at these prices, but still waiting on the 50ma to be taken out in the case of BTC to do so. It's very close._

Note all charts show RSI at levels we've not seen in a while. That's good, but as RSI pulls back from those levels, it's important it finds support here and doesn't roll over to the bottom edges of channels. One possibility is that RSI does fall back, but prices move sideways. Note the key supports in the charts and don't be scared to wait, or, to simply add in scales as you see further strength._

As is normally the case, also look out for backtests of breakouts to add to positions. Set limit orders at those pivots and simply walk away. If they hit, great, if not, try again tomorrow._

Of the alt coins charted here, LTC looks good as it is very close to the absolute RSI level that separates uptrends from downtrends. NEO looks similar though in terms of price it hasn't moved much... yet._
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