Eboost is boosting powerfully | Just Keep Buying the Bullish Flag in this Market

in bitcoin •  7 years ago 

CryptoKraze here



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In this post I am going to cover technical analysis of $Eboost for Mid short trade. I am using tradingview charts and price linked to Bittrex exchange. Let's have a look on technical aspects of $Eboost.



Possibility on 30 Minutes Chart

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If you look at 30 minutes chart, you will see $Eboost has made a big impulsive move and now it has to form a bullish flag. This is very common pattern in crypto currencies, whenever a coin breaks with big impulsive move, it pulls back and wait 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 to 50 level now, so we have pull back done and next impulsive move is ready. If we look at bollinger bands, the price has touched upper bands and now it will reach median line and then break above.

  • I have a buy entry at 0.00012400 with my profit target will be around 0.00015000 and 0.00018000 or above.
  • Stop loss just below the entry area is must for trading if you don't know the Averaging Technique in Crypto Trading.


Have a look on my other Posts

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Averaging Technique in Crypto Trading

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Crypto Kraze Trading Results | $XDN Call has given more than 200% Profits

Crypto Kraze Trading Results | 200% Profit made on $Nexus Trade



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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I have been loosing until i red your post title " average technique in crypto trading " then my story change.thanks for this wonderful technique.Before,i will just buy with all that i have at once and really it has not been favouring me.

Glad my method helped you make profits.

Upvote me please . I like you blog. and Follow and UPVOTE.

Will take a look at the coin. I like your articles, been reading a couple, I just started at Steemit.
Do you only analyse the coin based on the chart - or are you also looking into the project behind?

Also will you look into safex a some point?

Hey! :) Sorry for witing here. I just got kicked off from adsactly (without reason), so can you please somehow reach me on discord? @lukaluci

@resteemator is a new bot casting votes for its followers. Follow @resteemator and vote this comment to increase your chance to be voted in the future!

Eboost is indeed boosting! it just pumped 5.263% in 3.02 minutes