Here's the signals from July 19th.
Like I said, a sharp movement will be appeared, the asset will go out of this channel at some point, so we'll place 2 orders for both cases.
An amazing breakdown movement with an amazing profit (still running) for the sell order (we cancelled the buy order once it dropped)
The next asset is GNT (Golem). Let me copy-paste the text from July 16th:" At the end of this week, Golem (GNT) will make a very sharp movement. We can place a sell & buy orders according the chart below.
According MACD: 70%\30% downtrend."
That's exactly what happened, over the weekend Golem dropped at the exact point (see the yellow mark) all the way below the support line.
The trade position is still open again, the sell order got into action and we cancelled the buy order once is dropped below the support line which is also the entry point.
Market review- highlights
- Switzerland Tries to Stem Exodus of Cryptocurrency Firms.
- Big insurance companies such as XL Group, AIG and Chubb are quietly offering cryptocurrency insurance.
- Congressman: 'Prohibit US Persons From Buying Or Mining Cryptocurrencies'.
- Facebook Restores Coinbase Cryptocurrency Ads.
- Vietnam Central bank supports ban on Cryptocurrency.