Consider the 2D USDT pair above:
1) RSI is in oversold, "buy zone"
2) Bullish divergence as drawn
3) Price and RSI breakout on 3D BTC pair
4) Dragonfly doji printed on 5D BTC pair after large downtrend, signifying trend reversal
Targets (initial): 1.5 - 1.6 - 2.3 USDT
Timeframe: Weeks (don't know exact number)
Leverage: 3-4x ( if we get a green candle close above the dragonfly's close in the 5D BTC pair chart, then chances of upside are even larger. Carefully manage risk. )
1) RSI is in oversold, "buy zone"
2) Bullish divergence as drawn
3) Price and RSI breakout on 3D BTC pair
4) Dragonfly doji printed on 5D BTC pair after large downtrend, signifying trend reversal
Targets (initial): 1.5 - 1.6 - 2.3 USDT
Timeframe: Weeks (don't know exact number)
Leverage: 3-4x ( if we get a green candle close above the dragonfly's close in the 5D BTC pair chart, then chances of upside are even larger. Carefully manage risk. )
Trade active
Note
BUY BUY BUY
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.