Short
Factcom going down?
A rather large engulfing bearish candle, falling RSI - don't know what's going on here.
Trade closed: target reached
If we're not at the bottom already we soon will be. Good moment to start dollar cost averaging in. Could go to $4, but timing is a fools game. Already bullish divergence is showing between volume and price.Trade closed: target reached
Boom $4, the end station. Tightening Bollinger bands indicating a big move is ahead, which direction? That's the question. However, Stochastic RSI including the weekly is on the floor, RSI on the 1-day continues to show resistance on indicated downtrend but as you can see it has less and less space to hide. I'm closing this short for sure.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.