I'm seeing all sorts of stuff happening in the charts all at once, which is a great sign when you see a bunch of bullish formations at once. This is how I used to day trade for my firm back in the day. The general idea here is you go from the shortest time period, then you walk out to the longest. If you see bullish or bearish signals in all of the charts at once, it's quite meaningful. Here's what I'm seeing:
On the really short term chart, there's a triple top:
Moving averages are crossing as we speak, so momentum is changing from negative to positive:
If you step out a bit, It looks like we're going to cross in a couple days, for a much more meaningful MA
If we break above 0.011, I believe this was a false breakdown
When trading, there's also a couple other things to consider:
- The order book on the buy side, which is quite nice.
- Then there's the fundamental side for the trade (
https://www.youtube.com/watch?v=0GACaNvBlwc, The budget system and governance system? Plus everything we're about to do)
Away, that was fun.... back to coding