I expect FLDCBTC to retest 1000 sat. in the near future. This is a good entry at upwards support, after a significant pullback. Expect multiple tests at 1000 sat. and use this as an exit if you choose. (sit in front at 995). When 1000 sat. breaks, expect very significant gains. POLONIEX:FLDCBTC
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I didn't see it before, but this could also be the beginning of a 5th leg on an Elliot wave. If so, should break through 1000 sat. With minimum effort. Anyhow, it's supportive of long theory.
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Looks like we broke up as expected, with decent volume. Nice.
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Will be taking a W on this trade. Nailed the entry, and have been up as much as 30% at one point. I fully expect to test 1000, and any further entry below 800 appears solid.
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Hope you were all patient with this one!! Happens fast with the micro caps.
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A closeup of that market cycle. Nice retrace and showing continued strength. Low cap, keep an eye on it. May have more left in the tank.
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Hyperwave
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Great call man. Its so slow it really needs some volume to move but like it didn't go back below 1k so thats good for now
MarkCanna
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@Hyperwave, Yea it's showing strength. Not a simple pump and dump. Good idea to have some small caps in your portfolio and sit on them. Put greasy orders well outside the market. Could have had an easy 100% today
ninjacookies
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You called it. And I missed it.
raffaelpereira
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Great call!
Yoshinah
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Very good!
seuncares
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Your charts are highly professional, clear and accompanied by good description to help a newbie grab your thoughts. Thanks!
MarkCanna
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@seuncares, No problem, thanks for the feedback! Good luck!
timter51
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@canatrader, thumbs up from me as well CT, really great work.