CryptoKraze Technical Analysis
Possibility on 30 Minutes Chart
If you look at 1 hour chart, you will see $EtherParty has made an impulsive move and now it is forming bullish flag. This is very common pattern in cryptocurrencies, whenever a coin breaks with big impulsive move, it pulls back and waits for some time before making next impulsive move. If we look at RSI, it has gone above 70 level in first impulsive move and has to dip close to 50 level now, so we have a pull back done and next impulsive move is ready.
- I would have a buy entry at 0.00001540 with my profit target around 0.00001750 or above.
- Stop loss just below the entry area is must for trading if you don't know the Averaging Technique in Crypto Trading.
Crypto Trading is risky business and you can loss partial or full amount of money. Trade at your own risk with that money only you can afford to lose. Bitcoin unexpected move will make this analysis void.
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One need only follow the price action of BTC. As it goes, so do the alts.
Altcoin behaviour has not been consistent with bitcoin price in pasts. The trend keep changing according to market situation. Right now Alts are getting good volume as bitcoin is rising.
Great time to enter
I hope you are right, I will turn on scalp bots.
What kind of scalp bot your are using
Cryptos definitely gathering some steam again. A bit worried what the big money will do, when futures open.
Awesome bro keep it up