ssmog369

ALot of short positions have been built up in Moodeng and many are liquidated too. however this time a clear bear divergence is seen on 4Hr time frame from a previous resistance zone of Fib. extension. seeing other confluences like 1.drop in volume,2. dropping MFI and DMI3 coinglass liquidation building up larger in lower price then higher, making it magnetic pull towards low price4. lower long/short ratio despite of high price on 4h TFIt is safe to say that short position can be built in moodenghere is the setup. I suggest less then 5 leverage as it could be risky trade1. short at CMP if you don't want to miss the tradeentry 2. 0.2715DCA at 0.31SL. 0.321TP 1. 0.202TP 2. 0.168This make your risk to reward ratio of 2.5 collectively. Happy earning

Broke all the previous trendlines like many other coins in this rally but it has lot of room to go till 57 easily in less then a next 2,3 days which is about 30% however it can go far beyond that. as it is showing lil bit of divergence so i suggest it should be bought at pullback. current buying levels at pull back will be 46 and 42. SL is 40.5

this is and extended update to previous analysis. nest 2 stops to monitor are 0.96 and 1.1the golden pocket this times lie between 0.678 and 0.607 which is perhaps flipped with the upward movement of btc or after weekend. as far as i have observed Pi coin it has respected the GP most of the time. so be patient if you are in -ve and only DCA at this area with amount 2 or 3 times of your initial investment. after DCA take out 50% at breakeven i had booked my 75% profits and i am risk free now. Sl under the golden pocket

After a strong rise in price and volume Pi coin is now showing stability at its golden pocket. considering weekends having slow volumes and range bund price action, Pi coin is also expected to maintain the price range of 0.58-0.59. however aligning with pricing of btc and near weekly close it price expected to pump till .7 or above. its ADX is trending at 4hrs and daily, its stoch rsi is about is bottoming. rsi showing multiple divergences at 4h and LtF. it is forming butterfly pattern with expected "C" at 0.5603, but as it is showing strength at golden pocket so it is expected to go above from here that is 0.5833. that is why I suggest 3 entries for average pricing and avoid missing any opportunity.Thus take entry with confluences like1.BTC bottoming at 4h2. weekly close3. rsi golden cross4. C leg of harmonic butterfly5. bottoming of stoch rsiHere is the setupentry 1. 0.5833 10% of ur investmententry 2. 0.5606 30%entry 3. 0.5496 %SL 0.54Tp1. 0.576Tp2. 0.614Tp3. 0.6685Tp4. 0.702Tp 1 busted2nd and third TP busted, my trade is stll active although tradingview has no furtuer option for active trade. it is not closed yet

After a strong rise in price and volume Pi coin is now showing stability at its golden pocket. considering weekends having slow volumes and range bund price action, Pi coin is also expected to maintain the price range of 0.58-0.59. however aligning with pricing of btc and near weekly close it price expected to pump till .7 or above. its ADX is trending at 4hrs and daily, its stoch rsi is about is bottoming. rsi showing multiple divergences at 4h and LtF. it is forming butterfly pattern with expected "C" at 0.5603, but as it is showing strength at golden pocket so it is expected to go above from here that is 0.5833. that is why I suggest 3 entries for average pricing and avoid missing any opportunity.Thus take entry with confluences like1.BTC bottoming at 4h 2. weekly close3. rsi golden cross4. C leg of harmonic butterfly5. bottoming of stoch rsiHere is the setupentry 1. 0.5833 10% of ur investmententry 2. 0.5606 30%entry 3. 0.5496SL 0.54Tp1. 0.576Tp2. 0.614Tp3. 0.6685Tp4. 0.702

1. trend line not breakout.2. prices above bol band.3. 4 hr, daily, weekly RSI higher4. ADX trending5. Avg. volume good.6. buy range 0.0017-0.0019