I will keep this brief:
1) Price has dropped over 98% (!) from ATH
2) RSI is as oversold levels, descending wedge forming
3) The falling wedge drawn
4) It has printed red candles for a consecutive 10 weeks. How much more can it drop?
5D BTC pair chart looking nice too
Can the price drop more? Sure. But after a 98% correction? I am willing to say chances are in favor of upside.
TImeframe: Weeks
Return: Don't know
Leverage: 2-3x if you need to use
1) Price has dropped over 98% (!) from ATH
2) RSI is as oversold levels, descending wedge forming
3) The falling wedge drawn
4) It has printed red candles for a consecutive 10 weeks. How much more can it drop?
5D BTC pair chart looking nice too
Can the price drop more? Sure. But after a 98% correction? I am willing to say chances are in favor of upside.
TImeframe: Weeks
Return: Don't know
Leverage: 2-3x if you need to use
Note
If you want to be extra safe you can wait until the resistance on the BTC pair chart is broken to buyNote
Noticed this the other day: Plus the resistance on the BTC pair is pretty much broken now
Trade active
Trade active
Note
Pretty confident that this week's candle on the USDT pair will be a Bullish Engulfing. If true and if you have seen my XCH idea, you would know what is about to come. I will make sure to update this idea once again if such conditions are met. Cheers.Note
One BE, however, is already present in the 1W BTC pair...Trade active
Trade active
BE on 1W USDT pair. Told you it would happen. Expect small pullback before further movement up.
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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.