ndicators
1 ) Trendline - below Downtrend ( Bearish)
2) Support/Resistance - Formed lower low (Bearish)
3) MACD - (Bearish) . If 4R5G. with this bottoming effect there is might be 2 possiblities
1 ) Trendline - below Downtrend ( Bearish)
2) Support/Resistance - Formed lower low (Bearish)
3) MACD - (Bearish) . If 4R5G. with this bottoming effect there is might be 2 possiblities
a) 4G1R - Another Bearish Run and break below 0.32 - Bearish
b) Bullish Crossover and break above 0.38 Bullish
4) RSI - Sideline under 30% . If break above 30% will indicate Bullish
5) STO - Sideline under 20% . If break above 30% will indicate Bullish
6) Ichimoku - a) Price below support cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price below the baseline ( Bearish)
Conclusion:
Bearish
E ( Entry) : 0.39 ( Ensure closed above this price)
S ( Stop Loss) : 0.32
P ( Profit) : 0.43
RRR (Risk to Reward Ratio) = 0.57(RISKY)
E ( Entry) : 0.39 ( Ensure closed above this price)
S ( Stop Loss) : 0.32
P ( Profit) : 0.50
RRR (Risk to Reward Ratio) = 1.57 (Slightly Rewarding)
Resistance at 0.385 /0.445 / 0.52
Support at 0.32 / 0.3
Support at 0.32 / 0.3
Edwin today went up to 0.375..can buy now :o
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