FXS / TetherUSLong
#FXS/USDT - Long - Potential 11.88%
Direction: Long
Market: Spot
Risk: 0.25% - 1%
#USDT_FXS
Exchange: BINANCE
Timeframe: 360
TP1: 7.605
Entry: 6.800
STOP: 6.226
Entry Conditions:
| Golden Cross (EMA20 crossing above EMA50) *Daily EMA's used on 6hr chart
| Overhead trendline break w/ volume
| Top of trendline tested, retrace looks to have been completed
| Bullish volume
We have the 200EMA overhead giving potential resistance and we're close to overbought so don't put your house on this but I think with BTC.D waning without a BTC price correction could give us a bump in the ALTS. I like the crossing EMA's here so I'm doing a minimum 0.25% buy and I'll chase this up with the SL. TP might be optimistic but theres probably some profit to be made here!
Market: Spot
Risk: 0.25% - 1%
#USDT_FXS
Exchange: BINANCE
Timeframe: 360
TP1: 7.605
Entry: 6.800
STOP: 6.226
Entry Conditions:
| Golden Cross (EMA20 crossing above EMA50) *Daily EMA's used on 6hr chart
| Overhead trendline break w/ volume
| Top of trendline tested, retrace looks to have been completed
| Bullish volume
We have the 200EMA overhead giving potential resistance and we're close to overbought so don't put your house on this but I think with BTC.D waning without a BTC price correction could give us a bump in the ALTS. I like the crossing EMA's here so I'm doing a minimum 0.25% buy and I'll chase this up with the SL. TP might be optimistic but theres probably some profit to be made here!
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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.