Let's hope this is the run we've all been waiting for -- although I'm not complaining bout recovering all those losses! Hoping we just may test our new high in the 900's today -- this cup and handle rebound is a good start. Will be watching!
Good luck!
Trade active
Ok if we're going to make another run it should be coming within the next hour or two. Cup has a nicely formed handle and just needs volume influx and buying pressure to break into a bull leg. Let's keep our stop losses at 410 just in case, and be ready to jump in and watch closely once handle/channel breaks down
Note
Cmon baby....
Note
BE CAREFUL! If this loses support at 400 it could tumble -- set stop losses please. or watch closely
Note
Reminder we have lots of support at 350-370 from the way up but don't let the same thing as last time happen to you
Note
Note
Ok we've got some hurdles to cross but could be exiting the channel
Note
I don't know how I feel about this now that the recent pump activity has caused enough chaos to warrant a binance trading freeze. Key is trading at the same levels on Kucoin so it's hard to say if we'll experience a selloff or not, but i'd keep an eye on it
Trade active
This could be potential -- watch closely and prepare to sell at 475 if you get in. If we miss the target pivot point then this isn't the time
Note
To clarify, I'm buying under 435-440, watching for break from this inner triangle
Note
SL 420
Note
^ well that won't work. make it 405, or just be vigilant and watch it
Note
check out what happened when the RSI dipped to this level previously. Could mean nothing, could be a short pop. Either way good buy zone right now
Note
I think this could be priming for the big one, going to depend on volume infusion
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.