posted
Parabolic SAR will change direction tomorrow which suggest new stronger upper trend. 50d average is also at the beginning of a steep up trend. My guess is open around 0.15 and hit high as 0.36 then go down to 0.09-0.10 range. That way we meet 200d average as the support line.
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posted
Parabolic SAR will change direction tomorrow which suggest new stronger upper trend. 50d average is also at the beginning of a steep up trend. My guess is open around 0.15 and hit high as 0.36 then go down to 0.09-0.10 range. That way we meet 200d average as the support line.
-------------------- Only pick the good ones.
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posted
My guess is this. Parabolic SAR is at 0.095 right now. Tomorrow it will be 0.09.
-The higher we get close to SAR is better. We should not pass it but stay close, because that close price below SAR determines next SAR trends lowest level. So, that's the first step.
-Usual behaviour is, once you close right below SAR, then mostly likely (if technical are good-which it is) next day we will open right above or higher level of SAR. This suggests; We might close at around 0.09. Then next day we should open at 0.10 or 0.11.
-Once we're above SAR, the new trend will start. This trend is aggressive up trend.
So, Market Makers will do their best to keep the price below SAR which is 0.09. But eventually we'll surpass SAR. It's just a matter of timing.
Eighter way only direction we have is North.
-------------------- Only pick the good ones.
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