Philippine Market - Consolidation Mode
Thin trading in the past few days due to the Holy Week holidays. Still would take a week or so to breakout , if ever. Sadly, I missed out on CREIT when I was looking at it but needed more time to read more about its fundamentals. Not much interesting local stocks this time, but seems like Crypto market now has some positive movements.
Crypto Market (BTC and HIVE)
BTC - An EMA Cross and current prices at 200SMA while MACD breaches the zero line upwards. Looks like a good signal to me to start buying. Just bought BTC now.
HIVE - Same with Hive, we see an EMA cross and an attempt to break the MACD zero upwards. I'm accumulate HIVE now since I'm also preparing for the Splinterlands Conclave Arena Pre-Sale, so this looks like it's good timing.
This is not financial advise. I use this as my trading journal/notes for ongoing reference for the succeeding week. The above technical analysis (charts) are just used for guidance while studying market behavior and trying my hand on market timing. Please Do Your Own Research (DYOR).
- Stock Charts from Investagrams