John completed a webinar with us this morning, so here’s the link to that:
Sell zone 300-340 or a more conservative zone 360-400
Buy zone 175-215 or a more conservative zone 140-180
We are currently trading inside a bullish channel and have made a higher low around 12220. If price tests or breaks that low, then first of all watch for traps. Sellers may jump in and find themselves in trouble as price reverses. Buyers may not be interested in buying high if there is not a huge amount of space to move into, so are waiting for a deeper pullback. The resistance above 300-336 is quite significant, so it’s likely a run up will be needed to take that out. The 120-180 zone is a large value area for this month, so price has been comfortable there, a pullback nearer to this level will allow buyers a chance to buy low.
Dax 250 Tick Chart
Dax 500 Tick Chart
My Crypto Currency Portfolio
See the LiveRoom screens for more details, but I have moved some of my cryptos from the wallet into a BitFinex account, mainly for fun, to see what happens to some of the alternatives.
I do own some BitCoin and LiteCoin, but I have only used these in my portfolio for now: