You know we (YOU and I) like low risk and high reward... right?
Are you aware that we focus on "buying low to sell high"? ...
These are just the basics.
Trading can be either very, very, very hard as it can be extremely easy for you... Easy to profit while trading; It requires patience always.
Now... The market has cycles... Up & Down, Down & Up... Bear & Bull... Bull and Bear Run.
Wave up, wave down... wave down, wave up...
So now take a close look at the chart above:
First we notice that we reached late 2015 and early 2016 price support. This is marked on the chart with a yellow square...
Let's take a look at the volume next. On the left side, 2015/16, you can see the increase in volume before the bull run... Now, in 2018, look at the volume bar when the 2015/16 support was touched. Volume is as high as the 2017/18 bull run... So this is just a preparation for the bullish action that is about to come.
RSI has been massively oversold. This is the weekly timeframe... So these signals are very strong. YOU CAN LITERALLY BUY NOW AND WAIT FOR AS MUCH AS YOU WANT. You will be happy with the results/profits in a few months from now, according to the signals coming from this chart.
Bullish divergence can be spotted when looking at the MACD and main chart, this is marked with a purple line (price goes down while MACD and signal line are moving up).
We have the inverted hammer... Last candle... We also have a Doji before that and a perfect -9 count on the TD Sequential.
All these signals combined points to bullish action in the weeks ahead... Just remember, that before anything can happen,EXPBTC needs to break above EMA10 (green line). A break and close above is a strong signal for bullish action to come. So if we break EMA10... EMA50 (magenta line), is our next goal.
Note: This information is written literally for your own entertainment, learning and growth. You can use it for training, for sure... Feel free to hit LIKE to show your support.
I love you for taking the time to read the stuff that I post... I work really, really hard... And my success is only possible with your support.
Alan Masters here... From me you will always receive more...
Namaste.
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+15% Since sharing. I will be doing a full LONG term trade for EXPBTC.
Thanks again for the support.
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Check out some of our other analysis for our ALTCOINS trades:
NAV Coin (NAVBTC) + 48%
Nexus (NXSBTC)
Polymath (POLYBTC)
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Conventional markets are looking bad... A crash is imminent. Take a look below:
Alphabet Inc. (GOOGL) Crash Incoming
Bank Of America (BAC) Crash Incoming
S&P 500 (SPX) Crash Incoming
Thanks a lot for the support.
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Expanse (EXPBTC) +20% since sharing this trade idea. More will come.
Patience is key.
Namaste.
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Monthly chart:
- Take a look at the trendline.
Daily chart:
- Take a look at the inverted hammer and volume. - Break above EMA10 and EMA50.
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You like BitMEX?
Take a look at our LTCZ18 Trade (I hope you like it...):
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EMA10 and EMA50 bullish crossover.
- This is a strong signal. It hasn't happened since April.