Should have published this yestursay but since this is my very first TA of a cryptocurrency market, I thought it would be wrong. I predicted the outcome perfectly so I'm publishing this now.
I will try to publish my short/medium term predictions every evening from now on, we will see how right they are.
In this prediction, I have a medium term wedge and a short term wedge, I was waiting for the short term wedge to break bearish just like it did. But I wanted the break to stay withing my medium term wedge and I was expecting that wedge to break bullishly. Judging by the previous support and resistance levels, I set up my first and second sell levels (50% and 100%). My buy zone is the lower part of my medium term wedge. My last call to get onboard line was guesstimated but it couldn't have been more perfect. Overall, a very good prediction, I hope I will be able to keep on going along those tracks for my future predictions.
This graph was edited on the 25th of december 2017 at around 22:30.
I will try to publish my short/medium term predictions every evening from now on, we will see how right they are.
In this prediction, I have a medium term wedge and a short term wedge, I was waiting for the short term wedge to break bearish just like it did. But I wanted the break to stay withing my medium term wedge and I was expecting that wedge to break bullishly. Judging by the previous support and resistance levels, I set up my first and second sell levels (50% and 100%). My buy zone is the lower part of my medium term wedge. My last call to get onboard line was guesstimated but it couldn't have been more perfect. Overall, a very good prediction, I hope I will be able to keep on going along those tracks for my future predictions.
This graph was edited on the 25th of december 2017 at around 22:30.