We just finished off a nice little run (almost 100% profit for some) with
SIA-BTC
and now we have a good opportunity to buy again.
See the blue bullish pennant formed by the two intersecting dotted lines?
Looks like all we need is a breakout with another indicator confirmation such as MACD or RSI (which we have currently showing bullish signs) - then we enter. Simple geometric lines and curves.
Entry:
370 SAT (yellow)
Targets:
490 SAT (blue box bottom)
640 SAT (blue box top)
Stop-Loss:
330 SAT
Happy Trading Folks! This coin looks strong, we hope that it will continue it's run for a the long-term hold.
See the blue bullish pennant formed by the two intersecting dotted lines?
Looks like all we need is a breakout with another indicator confirmation such as MACD or RSI (which we have currently showing bullish signs) - then we enter. Simple geometric lines and curves.
Entry:
370 SAT (yellow)
Targets:
490 SAT (blue box bottom)
640 SAT (blue box top)
Stop-Loss:
330 SAT
Happy Trading Folks! This coin looks strong, we hope that it will continue it's run for a the long-term hold.
Trade ativo:
We BROKEOUT! Let's ride!
Trade fechado manualmente:
Trade broke upward trend and hit my personal Stop-Loss. Will recheck later.
If it breaks downward (which it may - MACD and RSI are all over right now), we have a stop-loss set at 330 SAT, although I may get out sooner - depending on the current momentum.
However, if it breaks upward as we suspected and hoped, the trend may follow the straight blue line and we can reach our target at the 1.618% fib level or 490 SAT in about 12 hours or so.