BUY: 2.098 – 2.125
TARGETS:
1) Trail stop – let it run. This could go very high.
STOP: When a 4h candle closes below 1.949.
Rationale:
-Price is accumulating at resistance and has not been affected by Bitcoin’s recent movements, which tells us this coin is showing a lot of strength.
-The RSI is compressing within a pennant and the range has been getting tighter as it approaches the apex. It has now reached the apex and is ready to break.
-A diagonal support has formed for the price (white line) which corresponds with the 100EMA. The 100EMA has been acting as strong support during the uptrend and the price is currently well above it. This confluence tells us it should be a very strong support level.
When this coin breaks through the resistance level it will run hard!
Your risk, your reward. This is not financial advice.
Happy trading.
TARGETS:
1) Trail stop – let it run. This could go very high.
STOP: When a 4h candle closes below 1.949.
Rationale:
-Price is accumulating at resistance and has not been affected by Bitcoin’s recent movements, which tells us this coin is showing a lot of strength.
-The RSI is compressing within a pennant and the range has been getting tighter as it approaches the apex. It has now reached the apex and is ready to break.
-A diagonal support has formed for the price (white line) which corresponds with the 100EMA. The 100EMA has been acting as strong support during the uptrend and the price is currently well above it. This confluence tells us it should be a very strong support level.
When this coin breaks through the resistance level it will run hard!
Your risk, your reward. This is not financial advice.
Happy trading.
Trade ativo
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Regular $100k+ profit daily.
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Join my Discord - see ForgeTrades.com for details.
Follow me on Twitter!
Get discounted fees here:
ftx.com/
partner.bybit.com/b/Forge
binance.com/en/register?ref=13128793
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.