Day traders' weekend lounge February 12 - 14, page-133

  1. 7,636 Posts.
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    Hey there @Bigmarn good to see you. I, too, am a frequent visitor to the STT thread, thats where I have seen you.
    Also trying to have a break from trading ASX but have been practising my charting skills in cryptos. Been successful with XRP, put just a small $ value in at this stage but am up 76% atm, nearly $1000 so pretty wrapped with that.
    Had a gander at the CHN chart, looks good.
    Would have been a good swing trader over the last couple of months or so. It has also been a good hold after it broke out of that consolidation phase last August, it even came back to (almost) test it. Would have been nice to catch that low yesterday, the RSI was showing oversold on the 5min. Looking at Friday's candle there was some downward pressure but the buyers managed to close it nearly flat on a red ASX day so all good. IMO only.
    https://hotcopper.com.au/data/attachments/2903/2903192-f2d2e743eb1699002f281080f8697a3b.jpg
    Like to look at weekly charts also, this is where I draw my trend lines.
    Week before last was almost a hammer and last week confirmed the bullish sentiment with a strong green candle although nothing special in volume yet. (been reading up on VSA).
    https://hotcopper.com.au/data/attachments/2903/2903222-8a81bcbd50886f8f83cc9641b6509566.jpg





 
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