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.04815 is the 61.8 Fibonacci retrace of the rally off the lows.
.045 is the 200 day moving average.
Price is currently pushing the lower Bollinger lower with the MACD showing a positive divergence on the 4 hour chart.
The 2 hour MACD clearly shows 3 main thrusts lower after the all time high, with the 2nd itself being comprised of 3 shorter term thrusts lower between March 28 and April 3.
All of which suggest that it's highly likely that what we are currently seeing is what is referred to in the trade as a "buy spike", which means that this is the final thrust lower with panic sellers that should be bought by smart traders looking for an intermediate term rally (probably only a recovery rally though . . .).
Remember, the best time to buy is when you're afraid (just like the best time to sell is when you're counting all your riches).
MasterSchmuck is upside down again.
.045 is the 200 day moving average.
Price is currently pushing the lower Bollinger lower with the MACD showing a positive divergence on the 4 hour chart.
The 2 hour MACD clearly shows 3 main thrusts lower after the all time high, with the 2nd itself being comprised of 3 shorter term thrusts lower between March 28 and April 3.
All of which suggest that it's highly likely that what we are currently seeing is what is referred to in the trade as a "buy spike", which means that this is the final thrust lower with panic sellers that should be bought by smart traders looking for an intermediate term rally (probably only a recovery rally though . . .).
Remember, the best time to buy is when you're afraid (just like the best time to sell is when you're counting all your riches).
MasterSchmuck is upside down again.
Cool story bro...
See ya at .0345.
Just LIKE LAST TIME
Cheers,
MasterTrader777
Wait, you already promised that, and it didn't happen. People don't believe you any more. Good day sir.
Here Here, MasterTrrader777 just talks a bunch of nonsense, he doesnt know the true value of why people invest in Dash and its true potential, honestly his just a troll
