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Here we have a coin at early stages of a breakout you see the aroon has just made the cross along with the 20ema crossing the 50ema.
This coin I have been watching over the past couple of hours with a steady volume increase.
You can see over the past 4 days we have had a massive momentum build up ready to break out now we are seeing the volume which supports the move.
We don't expect all targets in a short period but based off past history this coin can move quite well.
Targets are in green, when the first 4H candles closes over a target move up your stop loss to below, be cautious when buying as this is low volume it will have retraces make sure you jump to 30 minute charts and buy the retraces.
Its listed on Bittrex and Binance so enjoy!
Cash Is King
This coin I have been watching over the past couple of hours with a steady volume increase.
You can see over the past 4 days we have had a massive momentum build up ready to break out now we are seeing the volume which supports the move.
We don't expect all targets in a short period but based off past history this coin can move quite well.
Targets are in green, when the first 4H candles closes over a target move up your stop loss to below, be cautious when buying as this is low volume it will have retraces make sure you jump to 30 minute charts and buy the retraces.
Its listed on Bittrex and Binance so enjoy!
Cash Is King
Nota
You are going to get a retrace on the next 30 minute candle if you missed entry.Just go to the charts and watch the 30 minute candles.
Nota
Target 1 and 2 reached and looking very strong.Nota
RCN is having a nice retrace for the next move, it needed this due to aggressive buying.Volume looks good indicators look even better.
Nota
We closed well on the 4H candle closing over the 200EMA will provide support.If you enter the trade now set your stop loss below the 200EMA and it will allow it to be tight and reduce the risk.
Volume is good.
Nota
RCN is consolidating for its next move volume is good.Nota
for those of you still in RCN we have held through the BTC drop quite well chart still looks good and I think this is a coin that we will see a good bounce from.Nota
We will see another breakout from this coin soon, chart is building up well.Nota
Target 3 reached and looking good
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