CryptoKraze Technical Analysis
Possibility on Daily Chart
If you look at 1 hour chart, you will see $Chainlink has made an impulsive move and now it is forming a bullish flag. This is a very common pattern in cryptocurrencies, whenever a coin breaks with the 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 have a buy entry at 0.00007500 with my profit target around 0.00009000 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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This is magnificent and incredible, friend.
Your level lowered and you are now a Red Fish!@cryptokraze, sorry to see you have less Steem Power.
Do not miss the last post from @steemitboard:
Congratulations @cryptokraze! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
<table><tr><td><span><img src="https://images.hive.blog/768x0/https://steemitimages.com/60x70/http://steemitboard.com/@cryptokraze/votes.png?201811302258" srcset="https://images.hive.blog/768x0/https://steemitimages.com/60x70/http://steemitboard.com/@cryptokraze/votes.png?201811302258 1x, https://images.hive.blog/1536x0/https://steemitimages.com/60x70/http://steemitboard.com/@cryptokraze/votes.png?201811302258 2x" /><td>You made more than 7000 upvotes. Your next target is to reach 8000 upvotes. <p dir="auto"><sub><em><a href="https://steemitboard.com/@cryptokraze" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Click here to view your Board of Honor<br /> <sub><em>If you no longer want to receive notifications, reply to this comment with the word <code>STOP <blockquote> <p dir="auto">Support <a href="https://steemit.com/@steemitboard" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">SteemitBoard's project! <strong><a href="https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1" target="_blank" rel="noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">Vote for its witness and <strong>get one more award!Your level lowered and you are now a Red Fish!@cryptokraze, sorry to see you have less Steem Power.
Do not miss the last post from @steemitboard: