Bullish Flag Pattern Spotted on $Expanse | 2nd Impulsive Wave is Expected

CryptoKraze Technical Analysis

Hey folks, @cryptokraze here and I am going to cover technical analysis of $Expanse for Short trade. I am using tradingview charts and price linked to Bittrex exchange. Let's have a look on technical aspects of $Expanse.

Possibility on 1 hour Chart

If you look at 1 Hour chart, you will see $Expanse* 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 0.00032500 with my profit target around 0.00044500 or above.
Stop loss just below the entry area is must for trading if you don't know the Averaging Technique in Crypto Trading.

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Disclaimer
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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Thanks for sharing... always love your advice. i think i would gonna call you GURU now... :)

Thank you its great advice

Bitcoins are on some flying values now

#cryptokraze What up!!??i m follow you can do a fairly good impression of you. I just need an oversize cap and a pink hoodie!! LOL. I'm not sure how accurate your predictions are because the charts can't dictate this market and where it goes because this entire market is blazing new trails and there is no roadmap for what's happening and if you are familiar with "chaos theory" you'll know that any small detail can change the entire paradigm. I still hope your prediction is accurate.

I am sharing results time to time. I also don't claim that my analysis will be 100%. That is why I use disclaimer and also mention to use stop loss in every trade or use averaging technique.

You are taking trade in this worst situation if market ,it's great work because the bitcoin movement is crushing the alts deeply so it's good to see you are helping other about analysis.

Yeah and I am generating profit in this market. You can imagine how great I can do in good market.

As I said I also know you on Facebook you are umair rajput .right ??so it will be great if you help some of us with few tips and all .

Very vital information, I have to resteem this so my fellow Steemians can see to.