Hi Traders,
Quick idea, chart says it all. Watch for divergenceies at 4H, 6H, 8H.
4H is alredyIn, but I would like to enter trade between 48-51usd for quick +15-20% and than wait for another drop.
Always trade safe and use stop-loss. Otherwise you will become "investor" :D
Quick idea, chart says it all. Watch for divergenceies at 4H, 6H, 8H.
4H is alredyIn, but I would like to enter trade between 48-51usd for quick +15-20% and than wait for another drop.
Always trade safe and use stop-loss. Otherwise you will become "investor" :D
Trade active
As BTC is falling , we can see alredy Konvergencies on 2H RSI. Wait until 4H will show up. My gues around 38,7K... That means, ICP still has some space to drop ... Set several buyzones from 45 to 25 USD for long term or wait for higher Konvergencies like 6H/ 8H TF.
Note
Buy target reached. Count subwaves and consider you RRR Strategy.Emotions are for fools in trading ;)
Trade closed: target reached
SO, wee reached my ideal buying area. RSI 4H - 6H looks very nice, positive konvergence. Also MACD is rising UP. Price action is forming some king od falling wedge / Ending diagonal what can be epected in wave C.
COnsider your RRR. I am 60% in, leaving some buy orders below this range in case of some flashcrash.
Trade active
Buy Zone Reached ... Lets find out if we are entering new Impulse wave UP ;)Disclaimer
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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.