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Supernova_elitefollow
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Registered:
03-20-2018Followed:
Published trade ideas
Ethereum brokeout traingle pattern and then very strong Support line (red). This is strong bearish signal! Now price consolidating near line of previous fractal this mean that more likely will continue descending movement. + price is below Moving Averages (100, 200).Use next strong Support line as target. Do not forget about risk management, use Stop Loss! Analysis by @SupernovaElite
Ripple looks good for accumulate Short position. XRP brokeout Strong support zone (green) which become Strong Resistance zone which was tested and price continue falling. Its a great bearish signal. Then XRP consolidated in trading range and brokeout it - its confirmation of down trend. So, waiting for continuation descending movement. Use next Strong Support zone as target. Do not forget about risk management, use Stop Loss! Analysis by @SupernovaElite
Bitcoin Cash looks good for accumulate Short position. Price brokeout Strong support line (S) and is below Moving avarages (100, 200). Then BCH consolidate below S-support in trading range - that is good signal for planning Short position. Now this range broken! Its strong bearish signal. Waiting for continuation of descending movement. Use targets which shows on the chart. Do not forget about risk management, use Stop Loss! Analysis by @SupernovaElite
Binance Coin rebounce from Strong support zone (S3) + 50% Fibo correction lvl. by V-reversal pattern. And now there are 3 Support lines for BNB. So, waiting for continuation of rising movement. Use 1, 1.272 and 1.618 Fibo extension lvls as targets. Do not forget about risk management! Use Stop loss. Analysis by @SupernovaElite
ChainLink rebounce from strong Support zone + 0.786 Fibo lvl retracement. then tested and start to rise! And we saw strong accumulation from March to May. Its a great bullish move but allover market is still in downward trend, so do not forget about risk management! Analysis by @SupernovaElite
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