Here's a little update on the trade call I made: https://steemit.com/cryptocurrency/@technicalanal/potential-100-trade-end-of-february
The two major outer lines are that big PAZ that I mentioned in my previous post.
The grey box at the bottom is a nice 4 hourly base.
Above that is my entry area defined by 2 dark yellow lines. In the middle is my green line where I've got a buy order placed.
These are "hooks" - price tends to be attracted to these in my experience, and I'm looking for that as my entry based on the information I put in my previous post, as well as this being a low of that parabolic move.
The origin of these parabolic moves are great places to take a trade from, especially with all things considered (upcoming fork).
Let's see how it plays out.
Apologies for the darkness on the charts. I'll address that in my next posts!
